Each morning this week I’ve scanned the news looking for the “story” to develop in my mind to relay to our advisors and clients. Each morning I’ve come away with nothing. This morning as I again could come up with nothing it finally hit
The first quarter is in the books with the S&P 500 closing up 5.5%. Given this impressive performance for US based large cap stocks, you would think it was a quarter of good news. Unfortunately for long-term investors it was a quarter based on EXPECTATIONS of FUTURE
For the first time since the election, investors seem to be calling into question their expectations for the Trump Administration. Since the election I’ve warned about being overly confident in any predictions regarding the ability for the new president and Congress to implement any of their campaign ideas. The
For the most part investors have been focusing on all of Donald Trump’s “good” policies since his election. Things such as mass tax cuts, infrastructure spending, and cuts in regulation in theory would provide a strong boost to the economy. (I say “in theory”
Last week we went through what I believe will be looked back at a major change in the political structure of our country. History books are always written with the benefit of hindsight, cherry-picking specific events to make it seem that the way history played out was predictable. (It’
