Archive for the ‘Quarterly Newsletter’ Category

Fourth Quarter 2016 Market Commentary

2016 Annual Market Commentary “Democracy is messy.” – Donald Rumsfeld (1932- ); former Secretary of Defense Now We Know Hang on. Hold on. Republican or Democrat, take a breath. There are the numbers. Alternatively, there are emotions. There are panics. There are histrionics. There

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Third Quarter 2016 Market Commentary

Third Quarter 2016 Market Commentary “Politics is the art of looking for trouble, finding it whether it exists or not, diagnosing it incorrectly, and applying the wrong remedy.” – Ernest Benn (1875-1954); also attributed to Groucho It’s Almost Over Remember when I wrote “remain

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Second Quarter 2016 Market Commentary

Second Quarter 2016 Market Commentary “This and no other is the root from which a tyrant springs; when he first appears above ground he is a protector.” – Plato, Republic (c. 380 BC) A Hundred Days of Cool Remain cool. Sure it’s hot out,

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First Quarter 2016 Market Commentary

Mid Second Quarter 2016 Market Commentary “It isn’t the mountains ahead to climb that wear you out; it’s the pebble in your shoe.” – Muhammad Ali, the Greatest Of All Time (1942-2016) Things End I’m writing this three days after the death of Muhammad

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Categories: Quarterly Newsletter, The Latest