At this time last year we wrote to you regarding the volatility experienced in the US stock markets during 2016. We cannot say the same about 2017. Though we do not expect you to be able to read the small print, Graph 1 illustrates the gentle ride...
As the S&P 500’s bull market carries on, we tend to field more questions along the lines of, “have we reached a top?” The questions typically stem from geopolitical concerns, economic growth concerns, valuation concerns, the concern that the S&P 500 has run too far...
This quarter’s newsletter does not directly relate to investing, although it provides an interesting framework for investing and life in general. The news flow of today seems very polarizing – we would not blame you for thinking that traditional outlets like cable news providers Fox...
The United States Federal Reserve’s Federal Open Market Committee (FOMC) recently suggested it will target a range of 0.75%-1.00% for the Federal Funds Rate (FFR) by the end of 2017. That implies two more increases for the year. The FFR is the rate that other...