I visited the Federal Reserve Bank of San Francisco this week. It is the 12th District of the Fed, with oversight of the nine western states, including Hawaii, plus the Pacific territories. Of the 12…
Mike FrazierJuly 12, 2019
What a difference a year makes. Just 12 months ago, the US Economy was accelerating. It recorded its first 4% quarterly growth rate in years. The tax cuts provided the kicker. Corporate Earnings responded too.…
Bedell FrazierJune 28, 2019
This week on Wall Street was all about the Fed. We wish it wasn't this way frankly, but this is the direction markets have taken since the financial crisis: an ever more reliant relationship between…
Bedell FrazierJune 21, 2019
People pay in many ways these days. It's less and less coming in the form of Dollars and cents. The movement was kickstarted in the 1950s with the creation of the credit card. In 1950…
Mike FrazierJune 14, 2019
This week marked the 75th anniversary of the Allies storming the beaches of Normandy. That day literally changed the course of World War II. The historic day changed our future. It's known as D-Day. The…
Mike FrazierJune 7, 2019
The S&P closed out its worst month on the year and the worst May since 2010. For the DOW watchers, the Dow Jones Industrial Average suffered its 6th weekly loss, something that has not been…
Mike FrazierMay 31, 2019
Perhaps lost in the headlines this week, which were crowded with Trade Tensions, Partisan Politics and Brexit, was the debut of something named "Digit." The Ford Motor Company believes it found a way to resolve…
Mike FrazierMay 24, 2019
By the title, you might think I'm writing about a 4-year old's birthday party. But I'm not. Do you remember the phrase "Irrational Exuberance?" The phrase was used in a speech by former Fed Chair…
Mike FrazierMay 17, 2019
The Trade War was the undisputed theme on Wall Street and five days after the Sunday morning tweet, the threatened tariff hikes came to be. Despite being caught completely off-guard last weekend, China sent their…
Mike FrazierMay 10, 2019
We titled our Spring Newsletter: The Check Engine Light is On. The S&P has had its best start of the year in decades. The Stock Market in 2019 is a mirror image to how it…
Mike FrazierMay 3, 2019
I was in Texas this week. I have been coming to the Lone Star State every year for the last 15 to meet with clients and do research in the field. Texas is known for…
Mike FrazierApril 26, 2019
