Crazy Headlines of the Week | October 23, 2021

Crazy Headlines of the Week This week seemed to bring headline after headline that simply caused us to mutter “this is crazy”. ‘Shortage’ appears to be the key word in those stories, whether it is shortage of goods or commodities or the shortage of common sense in Congress. And who knows what’s going on in […]
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Cross-Currents | July 17, 2021

Cross-Currents The post-pandemic world will be different. Cross-currents are everywhere and how this settles is anything but clear, but ultimately everything resolves and typically not at the extremes. The economy is recovering, but persistent government intervention continues to cause market distortions. This has led to excesses in markets and very high asset valuations. As portfolio […]
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Back to the Future | May 15, 2021

Back to the Future Inflation is an enemy we have not seen for a long time. Housing inflation can be particularly harmful because housing is about 17% of GDP. Building costs are rising rapidly. Existing home prices are rising rapidly. Unless incomes rise rapidly too, we are headed for a fall. Last week we discussed […]
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Can the Infrastructure Lure finally Catch Some Funding? | March 20, 2021

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 […]
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Retirement Isn’t a Four-Letter Word | March 13, 2021

Retirement Isn’t a Four-Letter Word Each year J.P. Morgan releases an educational booklet on retirement and because we focus so heavily on retirement for clients, we have made it a practice of taking a few topics from it for our clients. Longevity: The first topic we want to address is longevity. We have always been […]
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