October 11th, 2021 Dear Clients/Prospective Clients/Partners: The markets finished with a whimper in September, down 3-4% depending on the index.  The hot streak couldn’t last forever, and the big tech companies have started to take a beating.  It’s well overdue though, as they have led the way in growth for many quarters now.  We will see if earnings have hit their climax and are stretched or if the September swoon turns into something greater.  Time will tell but it was an interesting and volatile month. Our economy continues to struggle with rising inflation.  Have you been to the grocery store or a Target lately?  Wow!  Prices are going up quickly with no end in sight.  Supply chain issues on just about anything you purchase.  Have you seen the cargo ...

July 8th, 2021 Dear Clients/Prospective Clients/Partners: Happy Summer, folks!  Wow, we certainly have had our share of heat the last few weeks and the markets have been hot as well.  We will take it and I’m sure you will too.  With the S&P 500, DJIA and Nasdaq up more than double-digits at the midpoint of the year, it appears that this continued runup has some legs.  We are entering earnings season and it will be interesting to see if the adjustments companies have made to fixed office costs and employees working from home affects the bottom line.  It will also be interesting to see how many corporations require their employees to come back to their offices by the fall months.  It is certainly inconsistent across Wall ...

January 11th, 2021 Dear Client/Prospective Client: The year 2020 we will never, ever forget. History is being written for our children’s children. The stock market started out strong the first few months and then we entered the pandemic we all now recognize as COVID-19. This carried on through-out the year and several hundreds of thousands of people have now died. That is very tragic, and our hearts go out to those that have become sick or lost loved ones. The good news is several vaccines have been created and begun to be distributed in unprecedented, extremely fast timelines. Mask-wearing has become expected and demanded in most public places by mandate. In youth sports many states are now requiring these young ...

October 12, 2020 Dear Clients/Partners/Prospects: What a strange summer it was in 2020. The pandemic continuing to run wild in some areas with surging cases, people trying to figure out whether to leave the house or even consider road trips for vacations, and the in-school learning vs. virtual learning experiment starting for many working households with children this fall. Tough times for many, many families with both concerns for finding gainful employment and questioning the rationale of safety measures to go back to an office setting. Working from home was going to be a temporary working scenario for many corporations and employers but it may be longer term or permanent. As many adapt to this ‘new normal,’ commercial building owners ...

July 6th, 2020 Dear Client/Prospect: Well, we have certainly entered some new times. A fast-moving global recession seemed to be coming quickly, staggering high unemployment in a matter of months, the COVID-19 pandemic causing hysteria and sometimes continued ignorance, and a stock market that fully-recovered from the March 23rd low in the 2nd Quarter. That is, if you happened to stay the course. Quite a lot to stomach and quite remarkable from a market analysis. I don’t think anyone thought it would recover that fast and it’s tough to separate emotions or discomforts or unknowns from long-term investment strategies and trusting what got you here. I’m empathetic but also stoic in the hope that we will be stronger, smarter and ...

April 2nd, 2020 Dear Client/Prospect: What a difference a quarter makes. After a promising 2019 and start to 2020 the markets have dropped tremendously due to the coronavirus and COVID-19. Last week we had a nice double-digit bounce-back, but the volatility has continued this week. We’ve seen both a lot of panic but also a lot of fateful ignorance in recent weeks due to the outbreak. It’s tough to turn on the news day after day while confined to your homes (in many states) and see all the negative and alarming news with this pandemic. It is real though! With that being said, I think it’s important to provide some perspective on other pandemics and global crises. • Swine Flu-active ...