Tag Archives: Fed

  • The Crash of 1987—Then and Now

    It wasn’t quite the Kennedy assassination, “9/11”, or the O.J. verdict, events where time seemed to stand still for a few moments.  But don’t tell that to the Wall Street traders and advisers who lived through “Black Monday,” the bloodiest day in stock market history, October 19, 1987.  On that day, the Dow Jones Industrial […]

  • Economic Disruption

    Hurricanes Harvey, Irma, and Maria wreaked havoc within a few weeks of each other.  Houston was hit with historic rainfall from Harvey, and much of Florida was ravaged by wind damage from Irma.  But Puerto Rico suffered the most out of the Caribbean islands with Maria making landfall in September.  The U.S. territory was already […]

  • Harvey Hits Hard

    It’s hard to stay focused on a lot of things, including the markets, in the face of the human tragedy like what we’ve witnessed from Hurricane Harvey and its aftermath over the last few weeks in South Texas, in the greater Houston area, and into Louisiana. For the people who lived through it, the storm […]

  • Time is Everything

    It’s said that timing is everything. And that’s true. But really, it’s bigger than that. Time – itself – is everything, and truly the world’s best companies are finding ways to give you more of it. We got pretty lucky last month in our feature of Amazon (timing is everything!).  Possibly the most buzzworthy news […]

  • Welcome to the Jungle

    Let’s quickly touch on economic and capital markets news and then move to a feature on Amazon, which just celebrated its 20 year anniversary as a publicly listed company last month. US ECONOMY The U.S. economy is growing, but not at a rate strong enough to please policy makers. GDP growth in the first quarter […]

  • What was Blooming in April?

    According to traditional etymology, the month of April derives its name from the Latin verb aperire which means “to open”. This makes sense as April is known as the month when trees and flowers begin to bloom in earnest. The blooming that dominated this April involved geopolitics as much as horticulture, however. Tensions were high […]

  • Fast Forward One Year

    What a difference a year makes.  Do you recall how 2016 started? The United States’ Federal Reserve announced the first interest rate hike in years in December of 2015, and the S&P 500 would then plummet almost 11% over the following 8 weeks.  At the same time, Japan and a number of European countries initiated […]

  • Interesting Times…..

    As Chinese New Year celebrations wind down, it’s fitting to recall an expression that has been attributed to the Chinese for generations. The expression “May you live in interesting times” has an origin that is, ironically, interesting itself. Regardless of its origin, upon closer examination, the expression seems not to be a blessing at all, […]

  • What’s Next for the Markets?

    President Trump The trading days leading up to the U.S. presidential election did not feel great. For eight straight trading days, the stock market lost value. It was the first time the market had experienced eight consecutive down days since 2008. Fortunately, this year’s eight-day funk amounted to the S&P 500 losing only about 3% […]

  • Election Notes

    Albert Camus, the French philosopher and author who won the Nobel Prize in Literature in 1957, probably had October on his mind when he wrote: “Autumn is a second spring when every leaf is a flower.” Camus died in January of 1960, so his last October among the living was in 1959.  If he’d have […]