Friday Reflections

Familiar Unknowns

By |2021-12-03T16:02:00-08:00December 3rd, 2021|

While the emergence of the Omicron variant is troubling as a public health issue, it is familiar territory for the economy. As we face new variants and risks, we believe a long-term strategy will continue to serve our clients well.

Inflation and All That Jazz

By |2021-10-29T15:02:50-07:00October 15th, 2021|

Should we consider the current inflation as temporary or real? There are real price increases impacting consumers today, but we're also unlikely to see the long-term inflation experienced in the 1970s.

The Snarled Supply Chain

By |2021-10-01T15:42:24-07:00September 17th, 2021|

We often take for granted how products arrive at our doorsteps or on store shelves. The pandemic has caused a snarled supply chain, and the resulting scarcity is driving up product prices.

Lessons from Fukushima

By |2021-09-17T14:22:35-07:00September 3rd, 2021|

Transitory disruptions to the global supply chain persist and the impact on long-term valuations grow as investors question how companies will recover and protect their profits against future disruptions.

The Callous Market

By |2021-09-07T13:56:04-07:00August 20th, 2021|

History offers many examples of war and tragedy that can be used to analyze how markets make sense of the potential financial impacts during a crisis.

Back to School

By |2021-08-20T14:43:53-07:00August 13th, 2021|

There are four primary avenues to paying for college: scholarships, student loans, work-study, and savings. Many families' college cash flow plans include several of these options, and each has different lessons for parents and children.

Mixed Messages

By |2021-08-20T14:45:52-07:00August 6th, 2021|

The prevailing story in the markets over the past year has been economic recovery, pandemic progress, and Fed support. The story has supported price growth but hinges on a “just right” middle path to keep those three pillars in balance.

Olympic Trials & Tribulations

By |2021-08-06T13:01:04-07:00July 23rd, 2021|

The Olympics reliably provide great drama. Whether it’s enough to justify the cognitive dissonance of hammering forward with the Games amid a health crisis is another question

Echoes of Past Excess

By |2021-07-09T15:10:42-07:00June 25th, 2021|

Investors face the question of whether high equity prices are a sign of speculative excess or a reasonable conclusion based on pandemic-altered demand and a recovering economy.

Innovation Begins with Investment

By |2021-06-25T13:03:39-07:00June 11th, 2021|

In a showing of bipartisan support, the US Senate voted for the Innovation and Competition Act. It provides widespread support for research and development in technology and science, representing a long-term view that will hopefully drive needed patterns of change.

There and Back Again

By |2021-06-11T15:25:22-07:00June 4th, 2021|

To navigate the boundary between your portfolio and your needs in life, your choices and priorities should be front and center when deciding to buy, sell, and reallocate equities.

The Hemingway Law of Motion

By |2021-06-11T15:26:12-07:00May 28th, 2021|

Life is full of tipping points, and change isn’t always smooth and linear. Response to certain crises can take much longer to develop than expected, and when it does coalesce, change can occur faster than anticipated. Rapid change may be coming for the oil industry.

Help Wanted

By |2021-06-04T16:25:54-07:00May 21st, 2021|

The national employment headline numbers don’t tell the full story of a fraught employment landscape, with ‘help wanted’ signs outpacing job applications in recent weeks.

Your Retirement, Your Values

By |2021-06-03T10:45:51-07:00May 11th, 2021|

A successful transition to retirement must express your values. Understanding the motivation behind your decision, and being prepared for how you will spend your time post-retirement, are key steps to achieving a fulfilling retirement.

History as Context

By |2021-05-14T14:07:41-07:00May 7th, 2021|

Tax rates and mortgage rates are both on the rise. For some investors, these shifts may indicate negative trends for market prices and economic growth. If we zoom out for perspective, history tells us that these increases may not be such a bad thing.

Pinch Points

By |2021-05-14T14:08:16-07:00April 30th, 2021|

Many industries have been unprepared for rapid surges in demand caused by the pandemic. Notably, the lumber and microprocessor industries find themselves rationing scarce quantities through higher prices.

A Dash of Perspective

By |2021-05-07T13:43:12-07:00April 23rd, 2021|

One method of gaining perspective when faced with overwhelming data is to zoom out and understand how recent activity fits into a larger pattern. By doing this, we can gain a better understanding of the ‘relative progress’ during the pandemic versus the ‘absolute progress’ over a longer timeframe.