Lofty Market Vistas

However you want to look at it, the stock market has been having quite a run. The market returned over 30% in 2019, and for the decade 2010-2019 the S&P 500® Index has a CAGR (Compound Annual Growth Rate) of 13.5%, well above the long term average of slightly less...

Navigating the Market Noise

There was a book written in 2001 by Richard Bernstein titled Navigate the Noise. That certainly seems like an appropriate topic for today’s market. With the rise of algorithmic trading and low liquidity (few ready buyers in volume at current prices), it’s...

The Bull/Bear Dialogue – Part II

In the first Bulls/Bears Dialogue blog I discussed the standard bull/bear cases we hear every day. But I think there is more to consider if we want to build a clearer vision of where the market may be going. To some extent this is speculation on my part, but there has...