Insights

Read about the latest thinking from our portfolio managers pertaining to our business.

Jul 11, 2018
1 min

Getting Nowhere Fast

The first half of 2018 has seemed like a bit of a roller coaster ride for stocks, but values ended the period about unchanged. The Dow...

William A. Goldstein

Apr 9, 2018
1 min

No Free Lunch

In order to earn the long-term returns that stocks offer, one has to put up with the sometimes discomforting volatility of markets. This...

William A. Goldstein

Jan 11, 2018
1 min

2017 Year End Letter

This is the time of year for predictions. The broad consensus of stock market predictions a year ago was that the S & P 500 Stock Index...

John Sobel

Jan 11, 2018
2 min

2017 — High Returns, Low Volatility

2017 was a terrific year in which to be an investor in the equity markets. The S&P 500 established a new all-time high, and returned...

Brian Zavalkoff

Jan 10, 2018
3 min

2017 Year in Review

2017 proved to be an excellent year for performance across most asset classes around the globe. U.S. and international equity markets...

Brian Zavalkoff

Jan 10, 2018
4 min

2018 Market Outlook

As we turn our focus to 2018, we remain focused on the most important factors influencing U.S. equities - employment and earnings On the...

Joan Giardina

Dec 22, 2017
3 min

The Times—Are They Changing?

“It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of...

Brian Zavalkoff

Dec 4, 2017
4 min

A Quick Note on the Tax Plan Impact

Now that it appears likely that the new Tax Plan will be passed into law, I thought you might be interested in a brief note as to some of...

William A. Goldstein

Oct 9, 2017
1 min

Third Quarter 2017 Market Letter

The big story in the economy and the financial markets this past quarter was that there was no big story. Corporate earnings and the...

William A. Goldstein

Jul 11, 2017
1 min

Second Quarter 2017 Market Letter

More of the Same The political, international and economic trends that have been in place, continue unabated. We have seen: More Tweets...

William A. Goldstein

Apr 11, 2017
1 min

First Quarter 2017 Market Letter

During the first quarter of this year, stocks continued their upward march, to the surprise of many investors. The S & P 500 Stock Index...

Joan Giardina

Feb 9, 2017
2 min

Perspectives

Never in the past forty years have I experienced a time when the political climate so dominated the investment discourse and my...

William A. Goldstein

Jan 6, 2017
1 min

Fourth Quarter 2016 Market Letter

Surprise! Once again the equity markets surprised investors, with the Standard and Poor’s 500 Stock Index rising 11.96% for the calendar...