April 2019

April 2019

Over the last few years, we have been describing the hyperactive U.S. equity market as the adolescent in the room – and characterizing the seemingly immoveable U.S. Treasury market as the grownup. After a 2016 U.S. election that promised tax cuts and reduced...
April 2019

July 2018

As opening lines go, “I love the circus,” may not be as compelling as, “All children, except one, grow up,” yet it is appropriate for these times. Three-ring political summits, high wire trade tensions, and caged immigration policies have brought a sense of mayhem to...
Are investors suffering from the “Disease of More?”

Are investors suffering from the “Disease of More?”

The market swings of April 2018 gave us the very definition of volatility. Certainly there were a number of factors involved, but the reality is that analysts and participants may have gotten ahead of themselves as the market rocketed forward in the last quarter of...
April 2019

April 2018

Analysts and participants may have gotten ahead of themselves as the market rocketed forward in the last quarter of 2017 and the early weeks of 2018. In hindsight, their optimism is understandable. This is especially true given the increasingly synchronized growth in...