Let’s imagine for a second that we have a time machine, and the date today is February 19th, 2020.  The S&P 500 is at an all-time high and most markets are doing pretty well.  We then use our time machine to flash forward 6 months.  The...

Last week’s update (Deja Vu: A Tech Bubble All Over Again?) discussed the concept of a bubble.  At the formation of a bubble, you can never be too sure of when the bubble will pop, only that it eventually will.  As a bubble becomes more overextended,...

A more detailed look at this update can be found in the following video: Yogi Berra is one of the most quoted sports figures of all time.  Full of many quips, like “when you come to a fork in the road, take it” and “90% of the putts that are short,...

The S&P 500 index finished the month of June up +1.8% from where it started the month.  Just looking at the numbers compared to the previous few months, it would seem like a pretty boring month.  The reality, however, is that although the month...

A little over one week ago, the S&P 500 dropped by -6% in one single day.  Last week, the index rose by 1.8%.  For the most part, the days following the large outlier have been more normal, with the only outlier being the +1.90% day that...