Market Letter

October 10th, 2002

Posted on August 24, 2020
October 10th, 2002 It is an enormous understatement to say there has been disenchantment with the stock market during the last two and a half years, and the declines during the last few weeks have clearly added to the discouragement. Interspersed by one or two day rallies, we have seen the market continue to drop […]

June 2002

Posted on August 24, 2020
June 2002 In the stock market “These are the times that try men’s (& women’s) souls.” As we head toward the lows made in the Dow last September, investor discouragement rises commensurately. A couple of things come to mind that I would like to pass along. Important low points are rarely made without being tested […]

Economic Forecasting

Posted on August 20, 2020
Economic Forecasting Exists to Make Astrology Look Respectable¬† We are sometimes queried by clients regarding where we think the market will be in six months or next year. There is not a good way for us to answer that question because the true answer is that we don’t have a clue. The real question that […]

Fright Mode

Posted on March 01, 2020
Thoughts While Viewing the Market in Fright Mode As we write this, the stock market appears to be in a free-fall. The Dow is down around 1,800 points having fallen 2,100 already this morning. It currently stands at 21,646 and down from the February high of 29,500. This is panicky selling, which is virtually never […]
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