
Market Commentary: Silly Predictions, Reasonable Trends and Short-Term Risks
February 2, 2023
Moore’s Law was actually a prediction, not a law as we tend to think of them. The long-term prediction was

Market Commentary: The Complexities of Innovation: FTX vs. Quantum Computing
December 5, 2022
The spectacular descent of once prominent companies can surely grab media headlines and investor attention. Fraudulent blow-ups like Theranos and

Market Commentary: CPI – Same Data Through Three Different Lenses
November 7, 2022
Our analyst team was on a call recently where a well-respected (to us) manager thought inflation would remain heightened because

Market Commentary: The Longer-Term Rhythm and Consequences of Globalization
September 7, 2022
Globalization as we know it seemed to have hit its peak around a decade ago. Global trade as a percentage

Market Commentary: Why (and How) Are Gas Prices Down?
August 8, 2022
On June 14, the national average for regular unleaded gas was $5.016 per gallon. As of August 1, the average

Mid-Month Market Commentary: A Three-Day 10%+ Drop… A U.S. Bear Market… Where Are We Now?
June 17, 2022
A surprise European Central Bank interest rate hike followed by a “bad” print on a closely watched inflation gauge created

Market Commentary: How Long Will We Feel Covid Reverberations?
June 6, 2022
Throw a pebble in a still lake and you create a ripple. As one moves further from the center, the

Market Commentary: ‘40s or ‘70s: What’s the Better Comparison?
May 6, 2022
It was late 1940, some of the darkest days of the war for Great Britain. The Luftwaffe was indiscriminately bombing

Market Commentary: Financial Implications of the Russian Invasion of Ukraine
March 4, 2022
First, our hearts go out to the 40 million plus citizens of Ukraine. It is impossible to imagine or feel

Market Commentary: Readjusting the Lens in Looking Past Current Market Headwinds
February 4, 2022
The market has become quite complicated lately, with several negative events coming to the forefront of investors’ focus, muddling the

Market Commentary: Supply Chain Traffic Snarl Explained
December 3, 2021
I am really excited about how LaGuardia Airport is coming together! Why? Well, it is 15 minutes from my house

Market Commentary: Making Sense of China: Buy or Sell?
November 5, 2021
Alibaba (BABA), a Chinese company primarily focused on e-commerce, is frequently compared to Amazon (AMZN), an American company with a

Market Commentary: Jobs – All-Time High Job Openings vs. All-Time Low Job Participation: What Gives?
September 3, 2021
Serfdom in Europe was destroyed by the Plague. It was destroyed because there were too few serfs to do the

Market Commentary: What Delta Means for the Market
August 6, 2021
New cases of Covid have unfortunately increased over the last few weeks as the Delta variant has become the dominant

Market Commentary: Is Inflation Transitory? What We Learned from Used Cars
June 14, 2021
Typically, a new car loses one-third to one-half of its value the second you drive it off the lot –

Market Commentary: Timing the Top
May 12, 2021
In one of our first Explorations we had shared the following chart which illustrates that, at least historically, the longer

Market Commentary: Exuberance? Mania? Our takes on GameStop, Dogecoin & SPACs
February 1, 2021
The first thing one learns in Economics is the Supply & Demand curve. It is so simple yet so powerful

Market Commentary: The US Treasury – Federal Reserve Connection & Associated Implications
January 1, 2021
Janet Yellen has made history. She is now the only person to serve as both the head of the Federal

Market Commentary: Social Changes, Low Yields & the Effects on Growth Stocks
November 1, 2020
Thank God for technology. My children can attend school, socialize with friends, and waste away their days watching an infinite

Market Commentary: COVID Timeline and Implications
October 1, 2020
The good news is that 2020 is almost over. The bad news is that calendars are a human convention and

Market Commentary: Tesla – Opportunity or Bubble?
August 1, 2020
Tesla is a hot name for good reason. They are changing the world and hopefully for the better. They are

Market Commentary: Market Risk Due Elections (Delay/Fraud Accusactions) Material
July 1, 2020
Over the last 10 days of July, President Trump warned 6 times that the election would be inaccurate and fraudulent

Market Commentary: Are We Sweden? Continued COVID = Election Risk
May 1, 2020
After a ho-hum start, 2020 is turning out to be a historical year. Possibly one talked about for a long

Market Commentary: Is the Public Health and Economic Policy Response Adequate?
April 1, 2020
Dring up Avenue of the Americas there is no traffic, almost no people beyond sporadic groups waiting on food lines

Market Commentary: Company Valuations in Context to COVID-19
February 1, 2020
Having issued a COVID-19 Update just last week and with everyone in the world laser-focused on the spread and immediate

Market Commentary: Longer Term Effects Of The Virus And How Far We Have Come
January 1, 2020
Will the Coronavirus have the ability to trigger a global economic slowdown resulting in a dip in financial markets?