The seasons are changing, but not much seems to be changing with stocks. Leaves are falling. Stocks prices are ascending. Another day, another new all-time high. Even the first trading day of Q4 welcomed new highs, and the Dow Jones Industrial Average crossed 23,000 for the first time on October 18th. The media seems to
Then and Now: The Crash of 1987
October 16, 2017 By
It wasn’t quite the Kennedy assassination, “9/11”, or the O.J. verdict, events where time seemed to stand still for a few moments. But don’t tell that to the Wall Street traders and advisers who lived through “Black Monday,” the bloodiest day in stock market history, October 19, 1987. On that day, the Dow Jones Industrial
September 2017 Recap
October 6, 2017 By
Hurricanes Harvey, Irma, and Maria wreaked havoc within a few weeks of each other. Houston was hit with historic rainfall from Harvey, and much of Florida was ravaged by wind damage from Irma. But Puerto Rico suffered the most out of the Caribbean islands with Maria making landfall in September. The U.S. territory was already
July 2017 Recap
August 4, 2017 By
It’s becoming more common to hear the Bears calling for a big drop. Why do they say that? Well, first they hope to be right, which earns a lot of street cred. It’s an easier call to make because risk increases as asset prices move higher. Stocks have come a long way from the first
Universal Basic Income – What Is It and Why Are People Talking About It?
July 15, 2017 By
Universal Basic Income (or UBI) is a trendy social policy concept being tossed about by a wide variety of thought leaders from Silicon Valley to the Washington DC think tanks. Whether it is a solution to combat the loss of jobs through automation, stimulate innovation and entrepreneurship, or help complement the existing social safety nets
June 2017 Recap
July 6, 2017 By
It’s said that timing is everything. And that’s true. But really, it’s bigger than that. Time – itself – is everything, and truly the world’s best companies are finding ways to give you more of it. We got pretty lucky last month in our feature of Amazon (timing is everything!). Possibly the most buzzworthy news
May 2017 Recap
June 6, 2017 By
Let’s quickly touch on economic and capital markets news and then move to a feature on Amazon, which just celebrated its 20 year anniversary as a publicly listed company last month. US ECONOMY The U.S. economy is growing, but not at a rate strong enough to please policy makers. GDP growth in the first quarter
April 2017 Recap
May 3, 2017 By
According to traditional etymology, the month of April derives its name from the Latin verb aperire which means “to open”. This makes sense as April is known as the month when trees and flowers begin to bloom in earnest. The blooming that dominated this April involved geopolitics as much as horticulture, however. Tensions were high
March 2017 Recap
April 7, 2017 By
What a difference a year makes. Do you recall how 2016 started? The United States’ Federal Reserve announced the first interest rate hike in years in December of 2015, and the S&P 500 would then plummet almost 11% over the following 8 weeks. At the same time, Japan and a number of European countries initiated
November 2017 Recap
“It’s the most wonderful time of the year…” and that’s not only because everyone is a little happier around the holidays. Historically, the S&P 500 has been up 19 of the last 25 Novembers and 20 of the last 25 Decembers, and that held true for this November as well. The S&P 500 is up