Investment Perspectives

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The Myth Of The Unprecedented

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It is time to stop viewing crises as exceptional events and admit how frequently shocks actually occur.

U.S. Stocks Go High When Strategists Go Low

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Some of the S&P 500's best returns have come in years when soothsayers least expected them.

Why You Should Think Twice Before Selling Your Winners

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Part of the value you bring to clients is making the case for holding onto their winners.

Jerome Powell's Pivot Is A Pretty Big Gamble

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The Federal Reserve has bet its reputation on a soft landing. Here's hoping it works out.

Where Will The Economy And Markets Be In 2028?

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Over the longer term, the challenges we will face are outweighed by the opportunities.

The Myth Of The 1%

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New research shows the belief that income inequality has risen sharply may be wrong.

Be Careful What (Fed Rate Cuts) You Wish For

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Higher for longer and a “muddle-through” economy without cuts might be best for stocks in 2024.

Stocks As Gifts For The 2023 Holidays

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Stocks as gifts for children and young adults help to promote financial literacy and build savings.

Bitcoin Is Earning Its Place In A Balanced Portfolio

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This redemption rally shows that it's safer to have a small allocation to the cryptocurrency than to ignore it.

Early Signs Point To Another Positive Month For Markets

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Things to watch will be employment, consumer confidence and consumer spending.

Maybe It's Better If U.S. Bonds Were Boring Again

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The heightened concerns that rocked Treasury securities now seem like a hallucination.

Higher Interest Rates Are Here To Stay

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The long-standing economic consensus that interest rates would remain low indefinitely is no longer tenable.

Home Prices Are Historically High Next To Rents. Don't Panic

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The ratio is well above the levels that preceded the last housing crash.

The Twilight Zone Of Economics

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Eugene Fama and Robert Shiller hold diametrically opposing views on whether markets are inherently efficient.

Uncertainty Looms Over A November To Remember

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Investors and analysts risk underestimating the challenges ahead during this period of understandable market euphoria.

Taylor Swift Brings Jay Powell Some Christmas Cheer

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The surprising buoyancy in recreation services earlier this year wasn't post-pandemic nihilistic spending at all. And now it's past.

Charlie Munger And The Fading Art Of The Second Banana

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Neither rival nor yes man, the right No. 2 can help a CEO hone success through discussion and debate.

Beware The New Consensus On The Global Economy

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After being too pessimistic this year, analysts' forecasts for 2024 have swung too far in the opposite direction.

The Charlie Munger Principles To Invest And Live By

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The iconic investor left a lengthy record of the keys to his success, delivered with his trademark bluntness and humor.

The Case For Mid-Cap Equities

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Mid-cap equities can play a pivotal role for long-term investors, offering growth, diversification and valuation benefits.

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