To make things easier this week, instead of a video recording, I’ve recorded an audio giving more detail about the contents of this week’s Common Sense. The
We believe markets will be volatile on a permanent basis. Sad but true. The factors impacting volatility will vary over time but at present we have identified
These are challenging times. And there is no doubt this virus pandemic will continue to impact the economy. Change is inevitable; the so called “new normal”.
Markets Up?
I know it's been puzzling to many of you as you have watched the equity markets rise despite the COVID-19 impact on the economy as well as social
As the economy continues to open, many are rightly concerned about what the impact might be if there is a second wave of infection in the fall. In our view
Our new weekly format is designed to provide a clear description of the issue being discussed, our comments regarding that issue, and the investable action
V or U or Swoosh
You hear often about a V or U-shaped recovery for the economy as the country begins to reopen. I've said for quite some time that I do not
The Beginning of Reopening the Country
Everyone's goal is to get moving again towards something more normal. Its beginning this month across the country and
Unemployment continued at a record pace with jobs loss numbers approaching unprecedented levels. So why is the market up if unemployment is getting worse? It’s
With the United States in shutdown mode, the health of the U.S. economy will be significantly impacted in a historic way. Because the economy is so dependent on
The Federal Reserve held a virtual press conference for the first time in history. It was imperative that it be remote given current pandemic conditions
The last significant financial crisis occurred in 2008-2009 when the collapsing banking sector, impacted by an overbought housing market, plunged the US economy
