Over the last month, we have begun to see financial stocks outperform the overall market.  If one was to ask why, most market participants would say that the perception that interest rate hikes are more likely to be forthcoming in 2016 is driving the stocks.  In a market where short-termism is the status quo, these...Read More

These last few weeks have been marred by extremely significant volatility as we prepare for the Brexit vote on June 23rd. While most of the impact of any Brexit wouldn’t likely be felt for several years at the minimum, the uncertainty that more countries would leave the Eurozone could mean more volatility for the market...Read More

I agree with just about every sentiment in the article below by Pimco’s Mohamed El-Erian.  He makes the case that the Central banks’ are basically attacking global economic problems on their own, without the aid of fiscal policymakers’.  This is a huge problem and is the primary reason that unprecedented monetary stimulus is resulting in...Read More