Weekly TGIF

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…

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.…

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…

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.…

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…

We pay very close attention to politics, as they have significant influence on the Market. Our job is to interpret developments and anticipate impacts. It can be a tough task, considering how emotional and divided our nation…

This was an incredibly volatile week. The Stock Market was like a rollercoaster, with deep dives and massive surges which whipsawed investors around, but it ended the week at roughly the same place it ended last…

We knew this was going to be a big week. It was perhaps the most significant week thus far in 2019 for investors. It was the busiest week for earnings, with nearly 1/3 of the…

This is officially the longest economic expansion on record in the US. Gross Domestic Product has now increased for 121 consecutive months, outdistancing the growth in the 1990s. The economy expanded at a 2.1% annual…

This weekend marks the 50th anniversary of the Apollo 11 mission. On July 20, 1969, astronauts Neil Armstrong and Buzz Aldrin landed on the moon. "That's one small step for man, one giant leap for…

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…

I threw some Beyond Meat patties on the BBQ yesterday to see what all the hype was about. It looked like meat and sizzled like meat, many politely ate it, but a few discerning guests…