"First, the only certainty is that there is no certainty. Second, every decision, as a consequence, is a matter of weighing probabilities. Third, despite uncertainty, we must decide and we must act. And lastly, we need to judge decisions not only on the results but on how they were made." – Robert … Read More
Monthly Stock Market Review – July 2020
“For every complex problem there is an answer that is clear, simple and wrong.” - H.L. Mencken“Have an opinion on what the market should do but don’t decide what the market will do.” – Bernard Baruch When historians look back on the year 2020 it will most likely be viewed as a year … Read More
Monthly Stock Market Review – May 2020
What is normal anymore? For May normal turns out to be another good month for investors as the markets continue to recover from the effects of COVID-19. Both US-based equities and global equity indices performed impressively, all up between 3% and more than 8%. The Aggregate Bond Index continued to … Read More
Monthly Stock Market Review – April 2020
After one of the worst months for the stock market in March, April came roaring back with strong gains for all the US-based indices we follow, and solid gains for the global stock indexes. That strong performance did not negate all of the March losses, but certainly helped put investors a little … Read More
Monthly Stock Market Review – February 2020
Historically, February is a bad month for investors. February 2020 was just bad. After a relatively tepid first half of the month global equities sold off hard in the final week as the Corona Virus spread out of China and across the globe. The fallout from the virus hit all the equity indices we … Read More