There is a great line from the Joker in the movie The Dark Knight (a must watch if you haven’t seen it – but we are about to spoil the ending…). To set the stage, he has two ferries (full of people) filled with explosives. Passengers in e [...]

First, we want to start this memo by apologizing. We wrote a memo last week. We posted it to our website. We even sent an email to clients linking to it…only the email didn’t go out. We had a technical glitch and did not notice it until l [...]

Want to lose sleep? Here is a headline for you: “S&P 500 Posts Worst Start to a Year Since 2016”. That’s from Yahoo Finance. Or how about “Stock, Bond Market’s Worst Start in Decade Revives 60/40 Doubt”? That’s from Bloomberg. We will [...]

Welcome to 2022! We hope you all had a wonderful holiday season. Last week was a quiet one in the markets and on the economic front as most of the world was out celebrating the holidays. As such, we are going to keep this memo a little li [...]

And just like that, we are writing the last Weekly Insight of 2021. It is hard to believe we are already about to turn the calendar over. We read something a long time ago that talked about how – when you get older – the days go slower, a [...]

Tis the season! Happy holidays to each of you. We hope, as we head into the Christmas week, that this memo finds you well. It truly is the “most wonderful time of the year,” and, like you, we look forward to spending time later this week [...]

It was a good week in the equities markets last week as the market absorbed the positive news on the Omicron variant (very contagious, not as virulent) and began to reset its expectations for a positive holiday season market. The S&P [...]