“Gold gives to the ugliest thing a certain charming air, for that without it were else a miserable affair.” ─ Molière The first six months of 2020 have been historic. Thus far, the year has...

“There are decades where nothing happens, and there are weeks when decades happen.” ─ Vladimir Ilyich Lenin Out of seemingly nowhere, the world is engaged in the most significant crisis since World War II. First...

The 2010s represented the longest-ever period of sustained, uninterrupted economic growth and associated market gains. With shrinking unemployment, growing average household wealth, and increasing income disparity – driven by the most activist Federal Reserve in...

Slowly but surely, the world has been moving from compromise and coordination to name-calling and tribalism. We read news of impeachment inquiries, trade wars, mass demonstrations, accusations of treason, worsening geopolitical tensions, conspiracy theories, fake...

As the S&P 500 Index reaches all-time highs with an extraordinarily high valuation by most measures, how can the 10-year Treasury bond yield simultaneously be declining towards all-time lows?

In our most recent investor commentary, we discussed the drivers for the stock market downturn during Q4 2018. We suggested that monetary tightening from central banks across the world was the primary culprit in deflating...