It is likely that you’ve heard (probably many times) that the bull-market is old – one of the oldest in history. 1st, bull markets don’t die of old age and 2nd, this one has been hampered by over-regulation and anti-business sentiment for much of its life.
Wells Fargo commits multiple misdeeds yet awards their CEO Tim Sloan a pay raise. To read the full Bloomberg article, click below.
The U.S. Department of Labor announced a jobs report today that was viewed by investors as “just right”. Click below to read the comments by Dr. Lewis Spellman, our firm’s Macro-economist.
It has been nice to have 13 consecutive months without a decline in market indexes. We know it is uncomfortable when the market drops. On Monday (2/5/18), we saw the computers trigger heavy selling when the S&P 500 dropped below its 50-day moving average.
In this highly engaging article, Dr. Spellman provides interesting historical context for Bitcoin, a mania he likens to the Tulip Bulb craze in the 1600s. To read his article, click below.
Tax reform has created meaningful economic effects and significant investment opportunities. We discuss those opportunities, the impact of rising interest rates, and our investment themes for 2018 in this quarter’s report.
In late January, we hosted two events in Austin for our clients and friends. We presented our investment themes and forecast for 2018. If you would like to view the presentation, click below.
Bitcoin has no shortage of true believers and naysayers. This InvestorPlace article presents the argument against Bitcoin as a real currency.