Insights

“I used to think that if there was reincarnation, I wanted to come back as the president or the pope or a .400 baseball hitter. But now I would like to come back as the bond market. It can intimidate everybody.”       —Well-known political strategist James Carville In...

Statler (S): That was the worst thing I ever heard! Waldorf (W): It was terrible! S: Horrendous! W: Well, it wasn’t that bad. S: Oh, yeah? W: Yeah, it was GOOD, actually. S: Yeah, bravo! S & W: More!! — Excerpt from well-known Statler and Waldorf “Muppets”...

“It doesn’t matter how smart you are unless you stop and think.”—Well-known economist Thomas Sowell Nothing like a little head-spinning drama, eh? That’s what we saw in August as virtually one or two slightly disappointing economic numbers sparked a more than 10%...

“Our Earth is degenerate in these later days; bribery and corruption are common; children no longer obey their parents; every man wants to write a book, and the end of the world is evidently approaching.”– Assyrian tablet, circa 2800 B.C.   These days, we are living...

“It’s déjà vu all over again.”— Yogi Berra The first six months of 2024 were equally as kind to investors as the first six months of 2023. And that’s saying something, knowing that calendar-year total return in 2023 for the full year exceeded 26%.1 Returns for the...

“It’s the economy, stupid!” —Slogan coined by James Carville, well-known campaign strategist, and former President Bill Clinton during the 1992 presidential campaign April showers brought May flowers, indeed. The S&P 500 advanced over 4% in May following a decline...