Video Play Music
Feb 06, 2023
The Morn’ of the Foreign?
Market Commentary

The Morn’ of the Foreign?

Nature’s first green is gold, Her hardest hue to hold…So dawn goes down to day. Nothing gold can stay.. – Robert Frost – Nothing Gold Can Stay Investors may have been thrilled to realize that all that was necessary to restore the pre-2022 luster to the stock market was the simple matter of dropping the two at the end of the year and replacing it with a three. The Wall...

Read More
Jan 09, 2023
Not Believing But Seeing
Market Commentary

Not Believing But Seeing

What you see depends not only on what you look at, but also where you look from. – James Deacon 2022 will be memorialized for investors by market commentators by their use of tag lines such as “returns for 60/40 portfolio investors worst since 1871”. For those investors whom I’m best acquainted with, such as yourself, I’m looking at returns for the year in the negative 14% to 16% range,...

Read More
Dec 06, 2022
Can I See Clearly Now?
Market Commentary

Can I See Clearly Now?

Oh, yes I can make it now the pain is gone; All of the bad feelings have disappeared; Here is that rainbow I’ve been praying for – lyrics from “I Can See Clearly Now"   Observers of the market entertained themselves for much of November debating what the stock market was most likely to view as good news. Signs of slower economic growth said some as that was what was...

Read More
Oct 27, 2022
Where’s the Bull?
Market Observation

Where’s the Bull?

Looking for the Bull Market in the 21st Century

Read More
Oct 06, 2022
Goldilocks & The Three Scares
Market Commentary

Goldilocks & The Three Scares

When confronted with a challenge, the committed heart will search for a solution. The undecided heart searches for an escape. Alpha Wolf Capital   The 3rd quarter certainly started off nicely enough with the S&P 500 rising 14% from July 1st to August 16th but the second half of the quarter was not nice declining 17% by quarter’s end delivering investors a -4.9% return for the quarter as a whole...

Read More
Aug 02, 2022
Collide-A-Scope
Market Commentary

Collide-A-Scope

Life is like an ever-shifting kaleidoscope – a slight change, and all patterns alter. – Sharon Salzberg   The headlines of the various stories in the July 30th Wall Street Journal seemed to leave little doubt as to which direction this current version of the economic train was heading. “Recession or Not, the Recovery Has Ended.” “Are We in a Recession Now?” “Jobless Claims Hold Near Highest Level of the...

Read More
Jul 11, 2022
Vision Decision
Market Commentary

Vision Decision

“Every man takes the limits of his own field of vision for the limits of the world.” Arthur Schopenhauer   As we reached the end of the month, the quarter and the first half of the year the commentary on the economy and the financial markets was, in a word, grim. “Brace for Recession Shock After Worst Rout in 52 Years” Bank of America warned. “Stocks End Lower, Capping Off...

Read More
Jun 06, 2022
Is Jay Your Pal (Powell)?
Market Commentary

Is Jay Your Pal (Powell)?

“Choice without alternative is only a sleight of hand, it is a magician’s force-play during which you believe you have free will, but your fate has already been decided.” – Garth Stein   Federal Reserve Chairman Jerome (Jay) Powell certainly left no chance for misunderstanding on where he stood on incarcerating our country’s least wanted intruder, inflation. Speaking at a meeting of the International Monetary Fund (IMF) on April 25th...

Read More