Quarterly Market Commentary – 2021 Q4
Last quarter, we anticipated the birth of a new variant that requires yet to be developed vaccines to protect against. Unfortunately, the new mutated variant, Omicron, has proven to be...
Quarterly Market Commentary - 2021 Q3
The COVID-19 Delta variant has slowed the economic recovery, but we are glad to see the rates of infection, hospitalization and death have waned. Unless there is another wave or a new unknown strain...
Quarterly Market Commentary - 2021 Q2
Executive Summary Resurgence of Covid cases and the anti-vaxers could dampen economic activities and thus diminish demand driven inflation pressure. The U.S. economy has likely passed...
Quarterly Market Commentary - 2021 Q1
Executive Summary The three known COVID-19 variants are contributing to a third or fourth wave of infection, hospitalization, and death around the world. All three strains have arrived in the U.S....
Quarterly Market Commentary - 2020 Q4
The recent experiences from 9/11, 2008 and 2020 should clearly remind us all that the future is unknowable. Regardless of how smart, thoughtful and experienced one may be, predicting the future is...
Quarterly Market Commentary - 2020 Q3
We had a V-shaped bounce after a sudden and steep fall, but the V-shaped bounce has not yet returned the U.S. or global economy back to pre-COVID-19 “normal” economic activities. We are also...
Quarterly Market Commentary - 2020 Q2
The Un-Normal Many refer to the current conditions as the “new” normal. I think of this as the “un”-normal. There is nothing normal about what is transpiring. We have a novel...
Quarterly Market Commentary - 2020 Q1
The cacophony of impact, fallout, responses, and scale of the COVID-19 coronavirus on a human level and on the economy is shocking. The speed of change, on a sometimes hourly basis, is impossible to...
Quarterly Market Commentary - 2019 Q4
· From an aggregated lens, the U.S. and the world have recovered from the Global Financial Crisis (GFC). The global labor economy is at its best in a generation; private wealth or net...
Quarterly Market Commentary - 2022 Q1
On March 11, 2020, the World Health Organization, officially declared a global pandemic. Two years hence, we are moving from a pandemic to an endemic. Endemic means that the infection has reached a...