Market Perspective, Verisimilitude, and Punishment: Lessons from Euripides’s Electra
During a recent trip overseas, a client asked me why I admire Edmund Burk. The question should not have caught me by surprise as we frequently discuss the impact of politics on the markets, but my immediate reflection/answer was to quote W. B. Yeats whose poem “The...Weekly Market Update
Global Market News Global equities have mixed weekGlobal equities were a mixed bag this week. The S&P 500 ended the week up 0.02%, while the Dow Jones and Nasdaq closed down 0.50% and 0.39%, respectively. The yield on the US 10-year Treasury rose slightly to 1.62%...Geopolitical Challenges and Statecraft
While the world is in a seemingly constant state of rising tensions, several events seem to have accelerated the pace. For this week’s geopolitical summaries, we examine the context for several of these conflicts while also looking at a potential way forward. To...Current Thoughts on Earnings and Sentiment
“It takes the character to sit with all that cash and to do nothing. I didn’t get to where I am by going after mediocre opportunities.” – Charlie Munger Earnings season for the first quarter of 2021 has just begun and it promises to be one of the most interesting and...Weekly Market Update
Global Market News Global equities drop slightlyFollowing a record-breaking week, global equities declined this week. The S&P 500 ended the week down 0.13%, while the Dow Jones and Nasdaq also dropped 0.46% and 0.25% respectively. The yield on the US 10-year...Sign Up for Our Publications
