12 Jul 2019

Portfolio Insights

We are pleased to provide a digital copy of Portfolio Insights, our quarterly newsletter. Table of Contents: Stock Market Summary Bond Market Review Big Picture & Fast Facts Click here to read the issue: Q2 2019 Portfolio Insights

13 May 2019

Trade Troubles

As noted above, the big story last week was about the on-again-off-again trade deal between the US and China. It’s impossible to know where the deal goes from here, but the options are basically as follows: Talks Continue.  The negotiation deadline could be extended as it was before with tariffs frozen and additional sanctions possible.  The status quo should be stabilizing for markets for a while, despite the policy uncertainty…. Read More

29 Apr 2019

Is Warren Buffett Worried?

You know the Berkshire Hathaway annual meeting is coming up when every financial media outlet has a story on the company or its leader, businessman and investor extraordinaire, Warren Buffett. My favorite from the weekend was an article in The Financial Times that draws extensively from an interview with Buffett.  You can find the article here, but it may be behind a paywall. One of the points made in the… Read More

22 Apr 2019

The Secret to Yale’s Success

I’ve written about David Swensen and the Yale Endowment several times over the years (here and here, for example) because i find both fascinating. I first learned about Swensen in 2005, when he was heralded ‘Yale’s $8 Billion Man’ upon the 20th anniversary of taking over the endowment.  The performance during that period was remarkable: 16.1 percent versus the S&P 500, which earned 11.9 percent during the same time frame. … Read More

15 Apr 2019

Why Hire a Financial Advisor?

Over the years, most of the Daily Insights that I’ve written are about investing, financial planning or, less frequently, economics. I don’t think I’ve ever written about the people hire financial advisors – mostly, because I can’t come up with much of an answer other than a generic statement about ‘peace of mind’ or describe why my most recent client hired me. Now, though, I’ll have a better answer, thanks… Read More

12 Apr 2019

Portfolio Insights

We are pleased to provide a digital copy of Portfolio Insights, our quarterly newsletter. Table of Contents: Stock Market Summary Bond Market Review The Most Powerful Man in the World Rethinking Bear Market Definition The Big Picture & Fast Facts Click here to read the issue: Q1 2019 Portfolio Insights

8 Apr 2019

The Most Powerful Man in the World?

Last week, Ryan Craft wrote at terrific article, titled ‘The Most Powerful Man in the World,’ which you can read here about the power of Jerome Powell, the current Chair of the Federal Reserve.  It even included a superimposed image of Powell’s face on Superman’s body. I agree with everything that Ryan said, but I couldn’t help but wonder what the leader of the free world might say if he saw that… Read More