January 8, 2020

The Roaring 20’s! Raging Bull Market. The financial markets turned into a raging bull market in 2019 as Federal Reserve policy reversed in mid-year from tight money to extraordinary easy money since Labor Day, 2019. With most stock indices at or near record highs...

October 1, 2019

Current Investment Perspectives. “Courage is being scared to death, and saddling up anyway!”  The financial markets continue to be resilient as much turmoil is swirling all around the world.  Money Supply growth has most recently accelerated during the second and...

July 1, 2019

Happy Fourth of July, 2019. America, the Beautiful! America will celebrate its 243rd Birthday this Thursday. As we enjoy the summer time festivities this week, we should count our blessings of religious freedom and economic freedom to live in the greatest country in...

April 1, 2019

March Madness is coming to a close.  We have completed a remarkable quarter as the S&P 500 rallied from its December 24, 2018 short term low of 2416 to its present 2828 level recording an approximate 17% gain.  Over the course of the last 30 years we...

January 1, 2019

The New Year greets us with the sobering reality that the financial markets have declined around the world. The Federal Reserve has reduced monetary reserves over the past eighteen months leading to a less accommodative money supply growth. The animal spirits of...