2021 Market Commentary

The news of the omicron variant roiled financial markets during the fourth quarter, resulting in losses for energy and other cyclical sectors that had rallied

In 2008 there had still been a note of hesitancy about central-bank interventions. In 2020, that was gone. The full implications of the opening of

The only function of economic forecasting is to make astrology look respectable. – John Kenneth Galbraith The economic recovery continued to gain momentum and drive

What investment can we find which offers real fixity or certainty of income? …the man or woman who invests in bonds is speculating in the