August 08, 2017
Two items that are currently occupying media headlines (aside from Trump) and benefit the U.S. consumer include The Amazon Effect and stubbornly low oil prices. While seemingly disparate topics, both are interconnected and provide strong tailwinds for the U.S. consumer in a variety of ways.
April 20, 2017
In recent years, at our internal research meetings, we have discussed when the US economy would experience the later innings of the business cycle, and whether we would see the classic signposts that denoted the end of prior cycles. Our concern was that the longest running experiment in monetary policy would extend the low growth economy indefinitely, never getting too hot or too cold, but overshadowed by a consumer or business cycle that never really got going.
October 20, 2016
The Wall Street expression that “markets climb a wall of worry” was certainly true during the third quarter. Despite Brexit, the opening of a contentious U.S. presidential election, a spike in interest rates, scattered police and racial violence, and another quarter of negative earnings growth, broad equity markets turned in one of the stronger third quarter performances in recent years.
January 19, 2016
Despite the weak start to the year, we remind investors that sentiment can dictate short-term performance, but fundamentals are ultimately responsible for long-term returns. In the accompanying slides, we highlight opportunities for 2016.
July 14, 2015
Market sentiment turned very sour as we exited the second quarter and this sentiment
persisted through early July
April 17, 2015
Some of our colleagues at Edge are driving enthusiasts; thus, as a follow-on to our first quarter outlook theme “Engine is Still Running Under the Hood,” we find it only appropriate to follow it this quarter with the remark “Hold the Line Through the Turns.”
January 16, 2015
We are prepared to revisit the roadmap as needed but feel confident that the “vehicle” by which we achieve our individual investment goals remains in running shape.
January 16, 2014
In the investment world, differences are where value is created. We are not talking about that dangerous phrase “This time it is different.” No, we are talking about finding those little disconnects that others have not quite picked up on or perhaps don’t fully believe quite yet.
October 15, 2013
In the face of these outside influences, we must focus on what we know – that valuation is the guide to good returns. As investors, we can exert our control by being selective in the assets we own. By having a plan yet staying flexible, we will be able to find the path to our long-term investment goals.