Valuation, Not Stories, Ultimately Determines Investment Returns Richard Bernstein, CEO of Richard Bernstein Advisors (RBA) wrote an excellent article in the Financial Times this week with the title above. We can’t reproduce that article, but we found a more detailed RBA report that we’ll summarize here. If you are interested, we recommend the full report […]
Can the Infrastructure Lure finally Catch Some Funding? Infrastructure should be an easy bipartisan issue. How we pay for it is a big sticking point. Getting a bill passed will not be easy. There are few issues that have been discussed as consistently as infrastructure, but with no meaningful result. Most recently, infrastructure was a […]
Bond Yields Raise Their Ugly Head Most of the time, market commentary focuses on the stock market, but every so often, the bond market flexes its muscle and takes center stage. This week was one of those times and with good reason. The push-pull of more fiscal policy to help the economy and the inflationary […]
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