The third quarter was a good one for investors, with nearly all financial markets posting solidly positive returns. Year-to-date, stocks, bonds, and real estate are all up nicely. The financial markets have shown remarkable resiliency, having bounced back from one worrisome issue after another. Whether it was the slowdown in China, the devaluation of the yuan, plummeting oil prices, concerns about an overly- aggressive Fed, or the surprise..
Continue Reading >>Crystal Ball Gazing
It’s been eight years since the financial crisis and Great Recession. The economy seems to be humming on all cylinders. We have experienced remarkably little volatility in the financial markets, despite a swirl of chaos in Washington, a string of deadly natural disasters, and unusually high geopolitical risk. From hurricanes, earthquakes, and wildfires to a tragic shooting to the existential threat of nuclear war to more mundane issues like a..
Continue Reading >>Thinking the Unthinkable: Nuclear War or Global Trade War
North Korea's nuclear bomb test on Sunday, coming on the heels of its earlier ballistic missile launch over Japan, along with the Trump administration’s tough talk in response, rattled global stock market investors. Most markets across Asia declined on Monday following the missile test. Japan's Topix index ended the session 1% lower, while South Korea's Kospi index dropped 1.2%. Hong Kong's Hang Seng index declined 1%, although, surprisingly,..
Continue Reading >>IMPORTANT DISCLOSURE INFORMATION
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