by RMCM | Oct 29, 2021 | Commentary, Newsletters
When the pandemic began, we counseled patience. In our spring Long Run of 2020, we wrote, “We cannot let immediate fear — or the constant drumbeat of bad news during this acute period of crisis — push us into poor decisions or drive us away from the fundamental...
by RMCM | Jul 22, 2021 | Commentary, Newsletters
It’s summertime, and the United States is back to taking vacations following a long period of COVID-enforced quarantines. So we’ll accept that attention spans may be short for any lengthy economic commentary, skip the verse, and go right to the chorus. Both Wall...
by RMCM | Jun 30, 2021 | Newsletters
2020 was in one word: extreme. An extreme global health pandemic, climate change events, and social and political unrest. This challenging time has forced companies to look inward and use their platforms to make a difference, for their employees, shareholders and...
by RMCM | Apr 23, 2021 | Newsletters
The first quarter of 2021 has been a period of extraordinary transition. At the start of the year, the seven-day pace of vaccines administered in the United States was averaging just over 325,000 doses a day. As of this writing, the U.S. is administering more than 3...
by RMCM | Feb 19, 2021 | Commentary, Newsletters
Waves are common, yet hardly predictable. Some barely get going and others travel thousands of miles. Individual small wavelets often die out, yet many combine until they break and lose their energy at the shore. The process continually repeats. And so on and so on....
by RMCM | Oct 13, 2020 | Commentary, Newsletters
The question that seems to be on most people’s minds these days goes something like this: “How can the market possibly be trading near all-time highs when we find ourselves pinned by a deadly global pandemic, struggling against a deep economic recession, challenged by...
