Nothing New Under the Sun…

A booming economy.  Animal spirits in the financial markets pushing speculative stocks up to unheard of valuations.  Rising inflation pressures pushing bond yields upward.  An overseas war dominating the news cycle… Sound familiar?  The second half of 2020? 2021?...

The World Usually Doesn’t End

This is important, so please read. Remember this chart from our recent blog A Timeless Lesson – Don’t Miss the Forest for the Trees?   Well, there is another chart below that goes along with it.  It is a graphic of the portfolio declines experienced along the...

Russia – Ukraine

The events of the last few weeks are certainly unsettling, but unfortunately not unprecedented.  Whether we are talking about Iraq’s invasion of Kuwait, the start of the Korean War, the Cuban Missile Crisis, or Pearl Harbor, a similar pattern of reaction in the...