What a wild ride it’s been in the markets for 2016! It certainly has to be one of the most erratic first-halves to a year in recent memory. But, when markets get volatile they provide opportunities for those who remain disciplined and diversified, and this time has been no different. Mid-way through February, the S&P… Read More

The S&P 500 finished the year up a paltry 1.4% on a total return basis (including dividends), but was down 0.7% on a price-only basis (excluding dividends). For anyone who fell asleep at the beginning of the year and woke up on December 31st, it sure would have seemed (by looking at most market levels)… Read More

When the stock market gets volatile, it’s sometimes hard to decipher what is real. But let’s be totally honest – US economic data (especially the domestic side of it – consumer spending, housing, auto sales, employment, and inflation) is doing well. However, our markets are being dragged down by foreign market developments. In times like… Read More

Although maybe not in the way that Sophocles would have scripted it, Greece is again the center of the world’s attention. With most global stock markets performing well only five days short of the end of the quarter, a standoff between the Greek government and its’ creditors sent markets stumbling into the close. Later, on… Read More

Despite plenty of fears that would send any varmint headed for the safe confines of its hole, stocks had a pretty good showing in the first quarter of 2015, although there was a high degree of dispersion (among different sized companies, factors, and sectors). The S&P 500 finished the quarter modestly higher, with a +1.0%… Read More