Latest Thoughts

The Bull Case For Stocks

Markets have been on a wild ride in September so far, with a strong first two days of the month followed by one of the sharpest 10% corrections ever for NASDAQ. ...

Top 10 Investor Questions

Many investors, ourselves included, find it difficult to understand why stocks have done so well lately in such a challenging economic environment and COVID-19 still an ongoing threat. ...

Election Preview

2020 is an election year, and as we get closer to November, we expect this to replace COVID-19 and the recession at the top of investors' minds. ...

The Future Of Fixed Income

Although the US economic recovery has picked up and we expect yields to rise in the second half of 2020, structural forces may help limit the size of the move. The pandemic-driven demand shock, the Federal Reserve, and disinflationary pressures may likely keep yields...

5 Reasons We Favor US Stocks

Among developed markets, we maintain our preference for US equities over international, but the bout of strong performance for the MSCI EAFE Index relative to the S&P Index in late May through early June and the latest weakness in the US dollar are noteworthy. ...