Jul 2019

Investment Management - Second Quarter 2019

Lunar Landing - 50th Anniversary

On July 20, 2019, America will celebrate the 50th Anniversary of the first lunar landing. It was the Apollo 11 mission that took Neil Armstrong and Edwin “Buzz” Aldrin, Jr. to the surface of the moon.

Jan 2019

Investment Management – Fourth Quarter 2018

“Winter is coming” is the House Stark motto in the HBO series Game of Thrones, which can be interpreted as one needs to stay vigilant for what lies ahead. Similar to the Starks, equity markets are always assessing and reassessing what the future holds.

Oct 2018

Investment Management – Third Quarter 2018

In baseball parlance, the seventh inning stretch is a tradition in which fans stand up in the middle of the seventh inning and stretch after sitting through 6½ innings of a game. Some teams, such as the Chicago Cubs, have made it an experience as fans sing along with Bill Murray to “Take Me Out to the Ballgame.”

Jul 2018

Investment Management – Second Quarter 2018

As we celebrate Independence Day, patriotism soars in America. U.S. flags fly high and patriotic music is played in bars and restaurants. Bruce Springsteen’s “Born in the USA” is a popular song this time of year, with its upbeat melody and its well-known chorus.

Apr 2018

Investment Management – First Quarter 2018

Not so long ago, in our own galaxy, synchronized global economic growth was an invisible “force” that rendered volatility practically non-existent. J.P. Morgan observed that there were zero days in 2017 when equity markets experienced a daily move of 2% or greater when, “since 1980, U.S. equities have averaged 15 such occurrences a year.”