Investment Commentary

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 […]
September 30, 2017

3rd Quarter 2017: Market & Economy

MARKET & ECONOMY Much like the first half of 2017, the third quarter brought solid […]
September 30, 2017

3rd Quarter 2017: Car Wash

CAR WASH I sat down to write a lengthy missive about Donald Trump, the NFL […]
June 30, 2017

2nd Quarter 2017: Market & Economy

MARKET & ECONOMY The second quarter of 2017 looked much like the first. All of […]
June 30, 2017

2nd Quarter 2017: Bedpans and Bull Markets

BEDPANS AND BULL MARKETS I called home from college in the spring of 1989 to […]
March 30, 2017

1st Quarter 2017: Market & Economy

MARKET & ECONOMY Markets higher in Q1 as investors eye Washington There was no shortage […]
March 30, 2017

1st Quarter 2017: Reagan, Trump and the Chevy Vega

REAGAN, TRUMP AND THE CHEVY VEGA My father’s response to the oil embargo of 1973-74 […]
December 31, 2016

4th Quarter 2016: Market & Economy

MARKET & ECONOMY 2016 was a productive year for investors, with most major asset classes […]