November 2, 2017 – The most hated bull market in history found a new level of defiance over the last quarter, confounding even the most ardent believers in its ability to continue to rise. To paraphrase Mark Twain, rumors of its demise are greatly exaggerated. We saw good reasons for the continued rise earlier in the year. The tenor of the market admittedly shifted over the summer, but like a good prize fighter, it simply refuses to go down.
August 8, 2017 – To paraphrase Shakespeare from a market perspective, the first half of 2017 was filled with sound and fury, signifying nothing. There was a lot of outside “noise,” but the markets entered the second half of the year in surprisingly strong shape.
May 23, 2017 – CIO Rick Pitcairn was attending a conference in Washington DC last week while political events continued to unfold. He discusses the reaction from Capitol Hill and how the current environment will affect the markets.
May 5, 2017 – Following all of the uncertainty of the presidential election and other surprises of 2017, many people suddenly seemed very certain about what would happen next.
March 24, 2017 – After decades of falling interest rates, the possibility that we will soon enter a cyclical period of rising rates is a key concern in today’s financial markets.
March 21, 2017 – During a recent trip to Japan for the bi-annual meeting of the Wigmore Association, CIO Rick Pitcairnsaw Japan’s singular focus on growth manifest itself in a number of issues, from labor reform and its commitment to negative interest rates to immigration and its reaction to a Trump presidency.