Omicron & The Fed Upend The Markets
After a week away for the Thanksgiving holiday, we are happy to be taking pen to paper to share our thoughts on the economy and markets. While our Thanksgiving was great–and we hope yours was too–the post-Thanksgiving period has been anything but for investors. The…
Do As I Do, Not As I Say
As parents, many of us have uttered the immortal phrase, “do as I say, not as I do.” And while that phrase can be confusing to a child, it is easily explained; please follow my advice, even if yours truly is not (boy, have I…
The Consumer Price Index Jumps 6.2%….Now What?
We pivot again to inflation this week. The catalyst for taking pen to paper this time on the topic is the 6.2% year-on-year jump in the October Consumer Price Index, a data point that was released by the Labor Department on November 10th. October saw…
When Deeply Negative is Highly Positive
At the risk of going to the inflation well one too many times, we are writing about inflation once again this week as we believe it remains – outside of the coronavirus – the topic of greatest concern among investors. It is also an incredibly…
Thinking About Inflation and Rob Base (Effect)
“It takes two to make a thing go right, it takes two to make it outta sight.” Some of us will remember dancing to “It Takes Two,” the massive ‘80s hit by Rob Base and DJ EZ Rock. And we are taking a stroll down…
What’s More Concerning Than Too Much Inflation?
Investors are rightly concerned about the recent level and persistency of inflation, which, depending on what metric one uses to measure it, is running at 4% to 5% year over year, well above the Federal Reserve’s long-term inflation target of 2%+ (to be fair to…
The Big Battle Of 2021: Godzilla Vs Kong, Or The Market Vs The Fed?
We hope to return soon to activities that were untenable the past year, like going to the movies. While streaming services are great, nothing compares to watching a movie on the big screen, especially a larger-than-life Hollywood blockbuster like Godzilla vs. Kong, which is premiering…
It’s a big birthday for the bull market, and we see a successful quest for greater gains
Happy birthday bull market! The longest running bull market in United States history hit a major milestone last week, turning 10 on March 9. It sure has been an interesting and exciting 10 years. US equities, as measured by the S&P 500 Index, found their…