Investment Commentary

December 31, 2018

4th Quarter 2018: In Like a Lion, out Like a Lamb

In Like a Lion, out Like a Lamb In a year that began with optimistic […]
September 30, 2018

3rd Quarter 2018: Market Commentary

Market Commentary The old adage “Sell in May and go away!” was not good advice […]
September 30, 2018

3rd Quarter 2018: With Cicero, Looking Back

“To be ignorant of what occurred before you were born is to remain always a […]
June 30, 2018

2nd Quarter 2018: Market Commentary

Market Commentary The S&P 500 Index was up 3.4% in the second quarter, bringing the […]
June 30, 2018

2nd Quarter 2018: Big Fish

Big Fish I’ve got a few friends who love to send me pictures of the […]
March 31, 2018

1st Quarter 2018: Market Commentary

MARKET COMMENTARY On the heels of one of the least volatile years for the stock […]
March 31, 2018

1st Quarter 2018: Lessons from 25 Years

Lessons from 25 Years I was sitting at my desk in the Davis Street branch […]
December 31, 2017

4th Quarter 2017: Market and Economy

MARKET AND ECONOMY A strong fourth quarter closed out a remarkably good year for stocks. […]
December 31, 2017

4th Quarter 2017: A High P/E and the DMV

A HIGH P/E AND THE DMV My son flunked his driving test at the DMV […]