Insights

Summary Technology stocks have done very well this year but have run into some resistance. After flirting with Energy and Financial...

Oftentimes I write updates after conferences in order to process and make sense of the information I have just taken in.  This is my...

I just returned from the Morningstar conference in Chicago.  I always find it interesting to compare each conference I attend to past...

Stocks gained 6.07%, as measured by the S&P 500, last quarter.<1>  That’s a very nice rate of return (over 24% if annualized).  It...

All eyes are on two things this week – the U.S. Federal Reserve meeting and the Dutch election.  The former is expected to end Wednesday...

The first week of 2017 is in the books and this is what we learned: Foreign stocks really like it when the U.S. dollar stops rising....

Scoreboard The S&P 500 has added another 3.08% so far this month, lifting its year-to-date advance to 12.7%.  The EAFE foreign stock...

Market Perspective November was a very good month for U.S. stocks, but not much else.  Even among U.S. stocks there was a very high...

Last Friday (9/6/16), the market experienced one of the “reddest” days I have ever seen.  The advance-decline ratio on the NYSE was 152...

The month of July was extremely kind to investors worldwide.   This was undeserved, in our opinion, given Brexit, a surprisingly weak...

Our take on “Brexit” is that it has set in motion a re-examination among European Union nations of the benefits and drawbacks of that...

Yesterday the Federal Reserve suggested that it was considering raising interest rates.   It cited employment strength (the unemployment...

There are a couple of points I want to make about the way the market is trading: Ever since the stock market began its recession fear...

Unemployment In the wake of the very strong November unemployment report, the stock market has swung to the belief that the Federal...

Summary Stock markets worldwide sold off during the third quarter.  See Chart 1.  July began with a modest rally, but it was confined to...

The Federal Reserve did not raise interest rates last week.  Here is how that decision is playing out: Interest rate sensitive securities...

As of the market close yesterday, 8/25/15, the S&P 500 has declined -10.9% since the drawdown began last Tuesday, 8/18/15. (See Chart 1) ...

Commodity prices were weak when July began and they’ve plunged sharply over the past two weeks (before catching a small bounce over the...

The May Employment report was surprisingly strong. Labor force participation rose by 400,000 and average hourly earnings climbed to 2.3%...

Recently, both the S&P 500 and Dow Industrial Averages again closed at all-time highs and are up 4.3% and 3.3% respectively<1>. The...