When it comes to the election, what is the market “pricing in?”
Investors pay attention to the stock market not just because they are investing in it, but because they consider the market one of – if not the most – accurate of all leading indicators. Said differently, the market, in its infinite wisdom, will lead the…
Have we seen this movie before?
Before we dive into the weekly wire there are two BIG disclaimers we need to address. First, we are not determining which political party bears responsibility for the state of fiscal stimulus negotiations. Second, I am a horrible negotiator—be it trying to work out a…
Vlog: Quarter-end Q&A 3Q2020
Tim Holland, CFA, Global Investment Strategist, asks and answers three top-of-mind questions as investors receive their quarterly statements and reflect on the past quarter: Why did the market sell off through September? Have we see the highs for the year? How will the upcoming election impact…
An unsettled world becomes more so
An unsettled world – a pandemic, a contentious election, a strained political and cultural discourse, unrest in our streets – has become more so with news President Trump and First Lady Melania Trump tested positive for COVID-19. We wish them a very speedy recovery and…
The election, the markets, and the economy: you’ve got questions, we’ve got answers
While (we hope) the Weekly Wire is timely, relevant, and entertaining, it also tends to be both a bit backwards looking—focused on analyzing and understanding a market or economic event that has happened—with the week’s narrative starting and ending on that particular page. Well, in…
What the election means for the market
Equities have rallied, the economy is recovering, and we are learning to live with COVID-19, all of which is good news. However, this means the presidential election can now command the media’s—and the market’s—full attention. Politics are already top of mind among investors who work…
Sometimes, it’s all about expectations
Sometimes in life it’s not so much what you do, it’s what you do relative to what the world expects of you, like Lloyd Christmas in Dumb & Dumber, totally redeeming himself in the eyes of Harry Dunne when he trades their van “straight up,…
It’s the final countdown…to the election
As the 2020 Presidential election draws near, our attention instinctively turns to Europe – the Swedish pop-metal band, not the continent – and their mid-80s chart-topper, The Final Countdown. Now that summer is over, the final countdown to election day has begun. In this spirit,…
Show me the money
You can count us among the world’s cinephiles, with a particular and deep appreciation for the cinematic work of the late, great Burt Reynolds. When it comes to remarkable movies, they all seem to have a few things going for them, including a first-rate cast,…
The bear market goes on…until it doesn’t
When trying to put in perspective the shortest bear market in US history—at least a bear market that saw the S&P 500 Index (S&P 500) sell off 30%+—there are any number of directions one can go. However, I decided to go with the children’s book…