Investment Commentary

Alternative investments—once considered niche—are becoming core tools in portfolio construction. Institutions now allocate over 25% of their assets to alternatives, compared to only about 5% from individual investors, according to…

Before examining the subject of this commentary, let’s first do a health check on the American economy and the state of its bond, stock and currency markets. Our perspective of…

The Trump Administration wants a lower dollar to make US exports more competitive, and right now the dollar is declining, but for the wrong reasons. After reaching a level in…

Stock market corrections, broadly defined as a drop in price of 10% or more from a recent high, are normal occurrences that long-term investors must accept in exchange for investment…

There has been a lot written about the ill effects of tariffs to be imposed on US businesses and ultimately the American consumer. Despite protestations from the White House, the…

Highly respected economist, academic and businessman Mohamed A. El-Erian recently penned an editorial entitled “The Fed’s Fixation on a 2% Inflation Target is Risky”. He argued the Federal Reserve was…

As this is being written U.S. markets are being buffeted by tariff threats and reciprocal tariff threats, challenges to sovereignty in Canada and Greenland, and talk of using military force…

As we navigate through a period of heightened market uncertainty, it’s natural to feel a sense of caution and even frustration. With fluctuating interest rates, ongoing geopolitical tensions, and unpredictable…

Executive Summary: Qualified Charitable Distributions, known as “QCDs” are tax-free donations made from an Individual Retirement Account to a qualified charity.  For those with substantial IRA balances and who are…

Comparing the prices of stocks across national borders is not like comparing the price of a liter of gasoline from one country to the next. The price of a stock…