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Baldwin Investment Management
Fret Not Political Winds (Or Change)…
From here to election day, there will be a lot of ink spilled and breathless chatter about politics. The airwaves will be filled with “sloganeering” and vituperative attacks on serious and non-sensical issues alike. We…
Baldwin Investment Management
Two Measures…
We have commented in the past about how unloved the stock market’s rally has been since 2009. “Walls of worry” have been climbed by some investors (i.e. those who kept “the faith”) as setbacks in…
Baldwin Investment Management
Better, Better…
Things are better. The economy is better around the world than it was in March or April. According to the IHS Markit Flash G4 PMI output index for June, the economic output score for the…
Baldwin Investment Management
Finding A New Way…
Globalization is a corporate strategy born centuries ago. It has had its “ups and downs” over time, falling in and out of favor with strategists. We believe we are starting a new phase of international…
Baldwin Investment Management
Monetary Mitigation…
In the current environment of social distancing to “bend the curve” of the COVID-19 infection rate, the Fed has “stepped up” to do its job of protecting the U.S. economy with incredible speed and with…
Baldwin Investment Management
Pandemic Blues…
It has been the fastest “bear market” ever recorded taking the fewest number of days (less than 30) for world markets to decline 20%. Chart 1 The turnabout from mid-February when stock markets around the…
Baldwin Investment Management
Dr. John Zurlo – Coronavirus Teleconference
On Monday, March 16th, Baldwin Management invited John Zurlo, M.D. to co-host a teleconference to discuss the Coronavirus epidemic. John J. Zurlo, M.D. is the W. Paul and Ida H. Havens Professor in Infectious Diseases…
Baldwin Investment Management
Shoot First, Then Ask Questions…
More than $4 Trillion (that’s with a T) of market value was stripped from US equities in the space of a week. Such a cascade of selling over such a short period has rarely been…
Baldwin Investment Management