Riding the Rollercoaster

Thursday, August 4th, 2016

With the benefit of hindsight, we can see it would have been a bad idea to sell stock holdings after the Brexit vote. You would have locked in a 5% to 10% loss in a market that eventually trended upward to record highs. The same was true in the aftermath of the World Court’s decision […] More ›


Welcome to Brexit

Friday, June 24th, 2016

“The endless threats about trade deals and GDP per capita from the EU…, instead of cowing the British people, seem merely to have excited their bloody-mindedness. They recognize that they might indeed take a short-term financial hit, but there are some things more important than money.” Andrew Roberts, British historian, in his Bradley Prize speech […] More ›


The Dog Days of Late Summer

Friday, September 4th, 2015

Chances are these days that you’re sneaking a peak at the investment markets and probably more than once a day. They’ve certainly provided their share of excitement recently: down 4% one day, up more than 2% the next day or two. Analysts are scrambling to explain why one day the markets are down sharply, and […] More ›