In just the last month, so much has changed in our country. States started opening up again after the COVID-19 shutdown. Protests and riots after the death of George Floyd (which stemmed from decades of violence and oppression.) Our country is divided. People can’t seem to share their opinions
I've been managing money for over 25 years. With advisors and clients across the country and now the ability to hold client meetings online I can usually get a pretty good feeling for investor sentiment. I used the word "animal spirits" to describe investor sentiment two weeks ago. Euphoric and
The craziness of 2020 continues as we start the 14th week since our country completely changed. We now continue to work through the consequences of the decisions made not just 14 weeks ago, but 18-22 weeks ago when the Coronavirus first hit our shores. As part of our Behavioral Approach
The nearly 6% drop in the S&P 500 on Thursday obviously surprised a lot of people. Over the last two weeks we saw some very big name firms allocate a large amount of money to stocks – specifically small cap stocks. This large influx of cash and the broadening
The May jobs report shocked pretty much everybody (in a good way). Without going into all the details about how the numbers are estimated, which makes the May report questionable, let's just say it is encouraging to see more people going back to work faster than economists expected. Whatever the
