January 10, 2019 – Volatile equity markets have bounced off of their Christmas Eve lows, heading higher in almost as dramatic a fashion as on the way down. We are not surprised to see the rapid move upward, as we assessed equity markets to be oversold and pessimistic sentiment extreme by the end of 2018.
December 18, 2018 – Many of our clients are familiar with our economics-led investment process. It is essentially grounded in a view of the economic landscape, which we believe informs and drives financial markets over the long term.
November 21, 2018—We can’t help but appreciate the irony of the stock market’s recent activity heading into the Thanksgiving holiday. As we sit around the dinner table on Thursday, the stock market may not be on many people’s “things-to-be-thankful-for” list, at least based on the past few weeks. As of Tuesday, U.S. equity indices had erased their annual gains, after the S&P 500 was up as much as 10% for the year through September.