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Perspective Commentary

Our Perspectives Commentary is published quarterly and provided to our clients. If you are interested in receiving a complimentary copy of our most recent piece, please fill out the information below.

Now and then

Hindsight is a wonderful thing. We recommend it, not least for the clarity it brings to where we’ve been and how we got here. And let’s face it, our present circumstances are confusing: 1) The most heralded recession we can recall has failed to appear, shrugging off a 5% hike in interest rates; 2) The May jobs report showed a strong +339,000 but, paradoxically, an increase of +440,000 for the unemployed; and 3) The S&P 500 is up 20% (through 7/19), but the average stock in the index is only up a little over 5%. As to where we’re going, mining the past helps us confirm the present, test our assumptions and perhaps draw a helpful parallel or two. Indulge us, dear reader, as we saunter down memory lane in this newsletter in search of insight on the path forward from the here and now. Starting with…

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