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April 2017 Recap

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

July 2015 Recap

The Usual Suspects

Did you know that 2014 was the warmest year on record? Most of the U.S. enjoyed a cooler start for the summer this year, but right now it’s pretty hot for us in North Texas. Still, it's probably not a bad time to go somewhere even cooler in these last few weeks of the summer, a place like Europe where our U.S. dollar buys you more. Looking to the southern part of the Eurozone, great discounts are still available, whether you are considering a vacation there or investing in their markets which are crumbling like ancient architecture. But you won’t beat the heat. In this newsletter, we are going to spend most of our time reviewing last month's themes, as they truly still applied to July.

The default that launched 1,000 headlines

July 2015 Mid-month

Key Points and Market Recap • The drama in Greece may persist for years, but we believe widespread contagion remains unlikely. • The Chinese market volatility and economic decline are growing as issues that warrant investor concern. • Despite the risks, we think the outlook for U.S. economic growth, corporate earnings and equities remains positive.