Lowering the Bar

Posted on Sunday, October 27th, 2019

The past two weeks have been filled with earnings reports, trade deal rumors and central bankers making speeches. While earnings reports have stepped over lowered bars for success earnings are still down 5-10% year over year which at presently elevated valuations should have been a bit more painful that it has been. Given that, the… read more.

Down the Rabbit Hole

Posted on Sunday, October 20th, 2019

Why, sometimes I’ve believed as many as six impossible things before breakfast. The White Queen, Alice Through the Looking Glass, by Lewis Carroll Investors now buy equities not for future growth but for current income, and buy bonds to participate in price rallies – Bank of America While believing the impossible may help foster the imagination and… read more.

Red Flags

Posted on Sunday, September 29th, 2019

We have been working on our quarterly letter and have it out next week so this week’s blog is a short one. As if we didn’t have enough to worry about in light of a slowing global economy, trade wars and impeachment proceedings we got an email this week that may win the Red Flag… read more.