Equity markets, bond markets, and REITs are all seeing a September swoon, as higher rates are leading to selloffs.  We saw something similar occur last year, only to have the 4th quarter be quite strong for the equity markets, so we’ll see how things turn out.  Earnings season starts once again in about 2-3 weeks,...Read More

I’d like to direct your attention to the two images at the top, which were brought to my attention by a friend of mine in the industry, Tobias Carlisle.  The first chart shows the compound returns of the highest 10% price to cash flow stocks (glamour) and the lowest 10% price to cash flow stocks...Read More