A good year so far, despite the pundits In spite of predictions – including our own – we sit higher at the end of this

Surprise! For most of this second quarter of 2016, the markets were rather quiet and without any clear direction. However, the June 23 vote on

A Historical Rebound The pendulum swung both ways in the 1st Quarter 2016, as the S&P 500 plunged more than 10 percent to start the year

White Nuckles! As I am writing the epilogue to a challenging 2015, I am listening to the talking heads on business networks forecast “volatility” in

2014, the year of surprises… This past year proved to be full of surprises.  A year ago, the consensus market themes for 2014 were that

Last quarter we expressed caution about the market.  A long-run up in stock prices will do that to any diligent portfolio manager.  The quarter was

Summary When one manages money professionally, what we are really hired to do is find and take advantage of investment opportunities. For existing clients, we

Up Side Down! It was a rocky road to a positive 1st Quarter performance for stock investors, with only a select few sectors carrying the

What a year! This year was one for the record books. Most pundits could not have imagined much less predicted the market events that unfolded