We’ve been slowly buying over the last week or two, while the market has been declining. Why? The very ... Read More


Managing the Bear

A provocative title? As of Monday night, I show the Nasdaq 100 as down 25% YTD, the Russell 2000 down 21% and the S&... Read More


The Beatings Will Continue Until Morale Improves

April was the worst month for the Nasdaq since 2008. The S&P 500 had the worst monthly performance since the ... Read More


The Main Event

Everyone and their dog knows that the Fed is going to hike rates and start shrinking the balance sheet on ... Read More


ESGimme a Break

I got a request from a client to talk about ESG investing. The title probably tells you all you really ... Read More


Primal Forces of Nature

I’ve spent roughly a month trying to figure out how to talk about the mess that’s been going ... Read More



First, let’s quickly go over the quarter. Stocks broadly peaked the first day of the year, and it seemed ... Read More


Costanza Market

Personal confession: I never really watched Seinfeld. Then again, by the time I hit college, I didn’t really watch ... Read More