Market Updates

Diversity, Good for Thanksgiving and Your Portfolio

My entire life, I’ve had a Thanksgiving dinner that included three stuffings, until this one. You see, my Grandmother always made three. While we never discussed it, she must have believed that the family would be happier with three choices, fruit, meat and the traditional sage, celery and bread s[...]

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A Typhoon Makes it Snow

As I sit looking out the window at the first flakes falling in this early winter season, my thoughts turn to the Asia-Pacific region. Huh? How does snow falling in Wisconsin have anything to do with that region you ask? Well apparently, last week, the remnant of a Pacific typhoon, Nuri, made its way[...]

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The Race

I often listen to country music while reviewing research on Sundays. I like old country music, the kind that tells a story. Yesterday, an old George Jones song called the The Race is On, written by Don Rollins and recorded by George came on. The hook in that song goes: “Well the race is on and her[...]

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Under the Magnifying Glass

Last week I was in New York visiting several of the money management firms we employ on our clients’ behalf. During the return trip home, I had occasion to read a number of Sir Arthur Conan Doyle’s stories about a favorite character, Sherlock Holmes. In one of the stories Holmes notes that “Th[...]

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October is a Scary Month

The current environment for stock investors can be trying. Global cross currents regarding economic growth, employment, government policy, and corporate earnings have created the first test of investors’ mettle in almost two years. We have an opportunity to use current market events to review our [...]

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2014 Fourth Quarter Market Webcast

What’s going on?  During the last five trading days the U.S. stock market has risen and fallen almost 300 Dow points (that’s the Dow Jones Industrial Average) four times. At the same time the yield on the 10-year Treasury has fallen to 2.3%, oil trades near $85 a barrel and the U.S. dollar [...]

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Third Quarter 2014 Financial Insights

What’s going on?  During the last five trading days the U.S. stock market has risen and fallen almost 300 Dow points (that’s the Dow Jones Industrial Average) four times.  At the same time the yield on the 10-year Treasury has fallen to 2.3%, oil trades near $85 a barrel and the U.S. dollar[...]

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Finally, a Five Handle!

Last Friday's jobs report was significant in that for the first time since July of 2008 the unemployment rate dipped below 6%. The September report indicated that the unemployment rate fell from 6.1% to 5.9%. While we have seen improvement in labor markets for some time now, the Fed still seems to w[...]

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There is No Team in King

Bill Gross has been the undisputed king of bond managers for a very long time. After 43 years at PIMCO, a firm he founded, he has moved to Janus Capital effective today. There are a number of issues that led to his departure and they provide insight into why our investment manager due diligence proc[...]

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Open Sesame

The story of Ali Baba and the forty thieves may not be as popular as it once was, but it may provide some insight into the stock market’s strength and serve as a reminder to maintain a healthy sense of respect for one’s own asset allocation strategy. It also reminds us that there is no easy path[...]

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