Category: Market Commentary

2023 Market Outlook & Strategy

The outlook for 2023 is foggy, with little agreement amongst forecasters on how the year may shake out. But everyone agrees that inflation and monetary

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The Gamestop Mess

Every financial asset trades at a level that is related to the present value of its future expected cash flows. That is, unless buyers and sellers are

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Seeing Past the Noise

Below is a copy of a note I recently sent to our investment management clients about the market’s recent turbulence. We thought it might be

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Brexit is Not 2008 All Over Again

As one very well-respected British commentator (Martin Wolf) remarked over the weekend, “The hinge between the EU and the English-speaking powers has been snapped. This

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Greece: Ongoing Soap Opera

I have been watching events in Greece very closely. I’ve learned a fair bit and thought I’d share some of my thoughts with all of

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