From snow in April to a glorious end to May – it is beach season already, although the water remains frigid. The Midwest has dodged the storm season of the South East, thankfully, and our beaches are open. No red flags, yet. Contrary to my ultra-cautious...
For institutional investors with a very long term time horizon, inflation lurks like a sometimes unwelcome guest at the table where asset allocation decisions are made and strategies set. It is an implicit (or sometimes explicit) bogey when setting an expected rate...
It has been a tumultuous month for Facebook stocks as inquiries into data privacy breaches reached the ranks of the US Congress. The shares are already trading 16% below their February high, and the rout in tech stocks generally has dragged the US indices down. ...
Markets started the second quarter in no mood for jokes. Tesla’s stock fell by 7% after its founder, Elon Musk, tweeted an April Fool’s Joke about the company being bankrupt and out of cash. It may have been a little too convincing given the...
It’s jobs report Friday, and with the strongest monthly gain (+313,000 new jobs) since July 2016 markets were in a celebratory mood. Unemployment remained stable at 4.1%, as the jobs numbers reflected new people entering the work force. Markets have vacillated...
