Richard discusses how early settlers’ struggles gave rise to the principles of capitalism in America
Category: Investor Letters
June Economic Update: Proceeding with Caution
Richard discusses current economic factors that are moving the markets.
Fundamentals Solid Amid Trade Uncertainty
In this article, we take another look at the yield curve against the backdrop of a robust economy.
U.S. Economy Continues to Grow
Ordinarily, stocks, bonds and gold typically do not experience simultaneous growth. But these are not normal times.
Showers or Sunshine?
April brings showers, baseball, and historically, the best month of the year for the S&P 500 Index (for the last 20 years).
Outlook 2019
Our stock market has been experiencing a tremendous run since the bottom of the 2008/2009 recession. In fact, the current economic expansion will celebrate a full decade this June and could surpass the longest expansion in history that took place between 1991 through 2001. What might be ahead?
What a Difference a Month Makes
Did you see the headlines over the past few months? How should you respond? Richard shares his thoughts.
Message from Richard: 2018 Wrap-up
It’s understandable how such a dramatic decline can deliver a blow to investor confidence and lead to reactions driven by fear and an instinct to protect ourselves from further losses.
7 Facts to Consider During Market Volatility
In spite of market volatility, we believe the fundamental backdrop supporting economic growth remains sound
Mid-Term Elections
Can past election cycles provide a clue as to how the stock market might react to the mid-term elections? We analyze.