It Gets Worse Before It Gets Better Sometimes Wall St. gets so involved in the details that it misses the forest for the trees. And then there are times when we are brought back to the simple basics and that happened this week in a webinar from DoubleLine Capital founder, Jeff Gundlach. Here is the […]
“When we have gold we are in fear, when we have none we are in danger” Gold is often considered the ugly duckling of investing, we think, unfairly. Gold doesn’t generate cash flow; it exhibits some volatility with prices often moving in fits and starts. But, from a portfolio manager’s perspective, the reason for adding […]
WARNING! Use Extreme Caution! “After two years of ‘up, up, up’ this must be a great time to be an advisor – it just doesn’t get much easier than this!” This theme was more common than expected as we exchanged holiday wishes with friends and clients. The reality is just the opposite. This environment is […]
An Alternative View of the World The consensus view on Wall Street is that the Fed is dovish and economic growth is robust and both will remain so. That view is supportive of additional stock market gains in 2022. We’ve been around long enough to know that the consensus never sees the market top coming. […]
Valuations Only Matter on the Way Down The long-term investing lessons still apply. Like a game of musical chairs, you never know when the music will stop. Attempting to time markets is a hope, not a strategy. In our view, the better option is to keep your risks balanced and allow markets to give the […]
Story of the Week: Markets Hit All-Time Highs During the Week, Again! This is why market timing is so difficult. When the market was declining in September, many Wall Street strategists like Mike Wilson from Morgan Stanley, were calling for a 10-20% correction. Many thought we had seen the peak. With all the resources that […]
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