As we have said many times prior, it is credit – not love – that makes the world go ‘round. The cost and availability of credit allows for investment in... read more →
With 82% of the companies in the SP500 now having reported their 4Q23 results, the theme of “earnings growth” is clearly back. YoY earnings growth of +14%, which is the... read more →
The US equity market is up nearly +20% since early November 2023 so a pullback after three very strong months is completely natural. The cause for today’s price action is... read more →
We don’t spend a lot of time focused on individual stocks. Our attention is focused on market cycles, finding new investment opportunities, and working on getting asset allocation right. BUT,... read more →
In the investment business, it is sometimes easy to get caught up in daily deal headlines, economic announcements, or on a particular stock that might be soaring or swooning on... read more →
Let’s review our thoughts on the “Triple Threat for 2024”: Markets LOVE when the Fed goes from hiking rates to pausing to cutting rates. Right now, markets odds are 60/40 for a... read more →
In basketball, the “triple threat” position is a stance where the player can either pass, shoot, or dribble. It’s a very athletic stance that creates options. It’s the absolute cornerstone... read more →
Not a newsflash, but November 2023 was a monster month in terms of returns for most major asset classes. SP500 +9.13% for November, Barclays Aggregate Bond Index +4.55%. Massive, outsized... read more →
Over the next couple of weeks, our Investment Team will be rolling out and sharing our thoughts on more longer-term market themes. Quarterly earnings data, monthly non-farm payroll numbers, and... read more →
Our internal recession model has been flashing red for a while, and although lots of progress has been made vs. inflation the US economy has held up very, very while. ... read more →
