The third quarter is in the books and like the past two we saw stocks and bonds declining. Even inside of a bear market we should see a bounce. As we've been warning throughout the year, just because the market is able to rally it doesn't mean the bear market
As a financial engineering firm, our focus is on data and how it relates to history. This makes it easier to avoid hyperbole and getting sucked into the latest overreactions in the media and financial markets. As investment managers it has been critical to our nearly 30 years of success
Humans can’t help but be very short-term focused. We all have incredibly busy lives, and it can be difficult to focus on the medium or long-term future when we have to worry about today and tomorrow. The concern is even if we don’t focus on the long-term, it
Over the past week, the consensus has been built that the US economy is about to embark on a historic boom. The parallel many are using is the Post World War II boom where the government had a "blank check" to rebuild the country's economy. Treasury Secretary Janet Yellen was
Most of the country is experiencing the coldest temperatures of the winter, which is fitting given the current state of the economy.
The market is ignoring the current data and focusing on the months ahead. They are fully pricing in a tremendous recovery based on three things: