Which Is Correct — the Stock Market or the Bond Market?
Photo by tamayura39 “Do I contradict myself? Very well then I contradict myself, (I am large, I contain multitudes.)” − Walt Whitman, Song of Myself As the S&P 500 Index reaches all-time highs with an extraordinarily high valuation by most measures, how can the...
The Impact of Inverted Yield Curves
Photo by duncanandison “Those who have knowledge, don’t predict. Those who predict, don’t have knowledge.” − Lao Tzu In our most recent investor commentary, we discussed the drivers for the stock market downturn during Q4 2018. We suggested that monetary...
Why Has the Stock Market Become So Volatile?
Photo by peterschreiber.media “Just cause you got the monkey off your back doesn’t mean the circus has left town.” — George Carlin The S&P 500 Index generated a total return of -9.0% in December, which was the worst December return since 1931 in the midst of...
Why Emerging Market Stocks Look Attractive
Photo by Creativa Images “My broker at Citigroup told me to look through this Korean version of the Moody’s guide – that it would look just like [the United States in] 1951, and he was right. In six hours, I put together a small portfolio of 20-25 stocks, about $100...
