Jong recently traveled to the UK with his family over Easter. And because he can never stop thinking about investing, below he describes how a trip that started out as a soccer fan’s pilgrimage to...
There’s always a case for owning small and mid-cap U.S. stocks… but right now, it’s hard to ignore just how compelling that case has become. Small and mid-cap U.S. stocks are currently trading at a...
“If you can keep your head when all about you are losing theirs and blaming it on you...” Rudyard Kipling Yesterday, I noticed Warren Buffet was in the press quoting this Kipling piece, one of my...
Tariffs: The Illusion of a Quick Fix in a Complex Global Economy Tariffs are one of those ideas that sound simple enough on paper: we tax imported stuff... that makes domestic products more...
WEEK ENDING 2/21/2025 Tariffs continue to dominate headlines. Fed remains in wait-and-see mode. Sentiments and housing data skew negative.
WEEK ENDING 2/14/2025 Fixed income seems immune to headlines. “Patience is a virtue; possess it if you can.” Inflation seems untamed. The purges continue.
WEEK ENDING 2/07/2025 Eagles soar past Chiefs to win Super Bowl. Treasury Secretary Bessent wants to bring 10-year bond yield down. Mixed employment data supports Fed’s wait-and-see.
WEEK ENDING 1/31/2025 Two horrific plane crashes claimed 73 lives. Investigations into causes are underway. DeepSeek is not an AI hallucination… we think. Purges of FBI, Department of Justice, and...
WEEK ENDING 1/24/2025 The fear and the opportunity of high interest rates. Fed meets Wednesday for the first time this year. Here come the tariffs.
WEEK ENDING 1/17/2025 CPI report dilutes jobs report, for now A new administration began Monday Prepare for volatility
WEEK ENDING 1/10/2025 Strong jobs numbers dampen view of Fed Rate cuts. Fiscal and tariff uncertainty cause market sell-off. Damage and loss of life in LA County climb. Register for our fixed-income...
WEEK ENDING 12/13/2024 Fixed-income market endures a “yield rally” and a steeper yield curve. Inflation proves sticky — even grocery prices will be hard to reverse. Trump named Time’s person of the...
WEEK ENDING 12/6/2024 We’re back! Rallies continue as Powell urges caution. Saturday, December 7, marked the 83rd anniversary of the attack on Pearl Harbor — ‘a day that will live in infamy.’ Taylor...
WEEK ENDING 11/22/2024 Are we in a temporary inflation lull? Will the next administration’s policies raise inflation? White meat or dark? Happy Thanksgiving from all of us.
WEEK ENDING 11/15/2024 Treasury rally continues since mid-September Market still pricing a December rate cut President-elect Trump’s cabinet is taking shape
WEEK ENDING 11/8/2024 We have a new president—well, maybe not new—along with a “red wave” Week-to-week changes hide volatility Oh, and the Fed cut the Fed Funds range by 0.25%
