With just 5 trading days remaining in 2018, Santa is missing, failing to deliver any holiday cheer more familiar to investors at this time of year.  Even a lump of coal might feel better at this point.  Instead, the ill-behavior of financial markets would suggest that something very bad is happening to the global economy.  […]

Barron’s front cover over the weekend (12/15/2018) read “2019 Outlook: US Stocks Could Rally More Than 10%”; while the New York Times front page (12/15/2018) was “The Best Place to Put Money? Your Mattress” and in the Style Section (same paper/date) read “Are You Ready for the Financial Crisis of 2019?”  Quite divergent headlines on […]

As we noted in these pages at the beginning of last week, we find it simply remarkable how quick the market’s mood can change against a fluid and stressed environment like the recent two months.  Entering the week, the stars seemed to be aligning for those hopeful a more dovish Fed and collaborative tone between […]