Greetings, In September, we posted a Special Report (“Weighing the Evidence, Revisted”) The paper’s intent was to share with the readers my list of readily observable market conditions considered to be “Pros” and “Cons”. This special May 2019 report updates and contrasts current economic conditions, market fundamentals, geopolitical, and/or political climates. Read the full article in the downloadable PDF »
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Time was when most clients looked at their financial advisers or financial planners with starry eyes, as well. The advent of the internet age and the avalanche of information available to the average retail client at the click of a mouse button or the swipe of a finger mean those days have largely come to an end.   Read the full article in the downloadable PDF »
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Greetings, The fourth and final calendar quarter of 2018 was not a good one for equity markets as investors had many factors to contend with. Read our Fourth Quarter Market Commentary and Investment Perspectives to learn more Read the full article in the downloadable PDF »
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Greetings, As I type this on Christmas Eve day, a quarter of the U.S. Federal Government is shut down, technically unfunded through the balance of the fiscal year ending next September 30th, the S&P 500 Index is down from its all-time high reached on September 21st, the Dow Industrial Average has declined since it’s high on October 3rd.  The Russell 200 Index and the Nasdaq Composite Index are in full-blown bear market territory, down from their highs in late August. Will the Santa Claus rally appear? Read the full article in the downloadable PDF »
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Jay Penney and Don Hagan will be discussing the driving forces influencing the global financial markets and the U.S. economy.
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Greetings, Yesterday, November 20th, 2018, the U.S. Stock markets joined overseas stock markets in completely erasing their 2018 gains. The S&P 500 Index, the Russell 2000 Index, and the NASDAQ Composite Index all finished the year-to-date in negative territory. Read the full article in the downloadable PDF »
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Greetings, The third calendar quarter of 2018 saw a more marked divergence in global economic and market conditions than had been seen in prior quarters, as several factors we will address in this Report have led to a “decoupling” of the U.S. economy, and its debt and equity markets from the “globally synchronized expansions” of both we’ve observed in the prior six to eight quarters. Read the full article in the downloadable PDF »
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Dear Clients and Friends, Several of you have reached out to our team the past two days to ask our opinions about the market volatility we’ve seen Wednesday and Thursday, and what it means for markets going forward, and by extension, what it means for their portfolios. We thought it appropriate to provide a quick message as to our sense of the markets’ near term directions. Read the full article in the downloadable PDF »
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Greetings, In April, we posted a Special Report (“Weighing the Evidence”) in which we listed 7 reasons to be “Bullish” and 7 reasons to be “Bearish”. This special September 2018 report revisits the potential that the evidence in the market is turning decidedly less Bullish. Read the full article in the downloadable PDF »
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