Running up to the election in 2016, I believe the market was down 12 days in a row or something along those lines. We’ve seen a substantial selloff once again running into this one as tensions are high and stimulus is not happening prior to the election. Facebook, Amazon, Apple, and Google were down by...Read More

Last night, it was announced that the President and First Lady tested positive for Covid-19.  We aren’t sure how symptomatic they are thus far but of course it adds uncertainty to an already tense time.  Hopefully they, and all other afflicted by the virus, will be okay! Congress continues to negotiate a potential stimulus deal. ...Read More

I hope everyone is healthy and making the best of this summer in this tumultuous year.  Today we got U.S. 2nd quarter GDP data, which was down by roughly a third, which is something we haven’t seen since the 1940’s.  This is a lagging indicator and was expected as a result of the Covid-19 pandemic...Read More

On Monday August 5th, stocks plunged by about 3%, as escalating trade tensions continued to garner fear, after the worst week of the year last week.  The Chinese government is allowing their currency to decline, which benefits their competitive advantage on trade.  This was in response to last week’s news of additional tariffs on China. ...Read More

Well that was one heck of a week.  While I certainly was not smart enough to predict the results of the election, it has had a profound impact on my expectations for us as investors.  For the last 7 years, I’ve been one of the most vocal advocates of financial stocks that I am aware...Read More