Cheap and easy money. That was the answer to the Financial Crisis, or as it is often referred to, the Great Recession. When it appeared that the global financial system was at risk of collapse,…
Mike FrazierNovember 8, 2019
When I turned 16, the first thing I did was race down to the DMV to take the driver’s test to get my license. That was standard practice in the 1980s. It’s no longer. Teenagers…
Mike FrazierOctober 25, 2019
I was in New York this week for an annual investor strategy summit at JP Morgan headquarters. I've been attending this for a couple of years now with a group of independent advisors from across…
Mike FrazierOctober 18, 2019
The Trade War between the US and China keeps evolving, and the longer it lives, the wider it spreads. The human rights protesting in Hong Kong was seemingly something the Chinese government did not anticipate…
Mike FrazierOctober 11, 2019
We titled our Spring Newsletter: "The Check Engine Light is on," which was triggered by the inversion of the yield curve. That is an age-old indicator of stress in the financial system, which has often…
Bedell FrazierOctober 4, 2019
I started studying this issue a while ago, because it seemed to have some inevitability. So here we are. The United States House of Representatives formally launched an impeachment inquiry into President Trump. No surprise,…
Mike FrazierSeptember 27, 2019
This economic expansion is the longest in recorded American history. We’re in its 11th year. The cycle is maturing. Growth is slowing. Volatile price action the last 20 months is actually fairly normal for a…
Mike FrazierSeptember 20, 2019
If you feel like the Stock Market has been a roller coaster, you’re not alone. You’re also correct. 2019 has brought a pattern of basically two months up, followed by a month of sharp declines.…
Mike FrazierSeptember 13, 2019
Something which perhaps got lost in the constant headlines of trade wars and politics over the Summer was a decision that Corporate America made. It came from the Business Roundtable. Created in 1978, this collection…
Mike FrazierSeptember 6, 2019
We lost someone special. His name is Steve. He passed just two weeks before his 80th birthday. Steve Noroian made an impact on pretty much all he encountered. He joined our firm five years ago.…
Mike FrazierAugust 30, 2019
I literally wrote two pieces earlier today, only to ditch the first, then the second, because the Market moving events kept building hour by hour. I decided just to wait until the Market closed for the…
Mike FrazierAugust 23, 2019
