Commentary

It’s Snowing

In the children’s book “Snow” by Uri Shulevitz, the story starts with gray skies and no precipitation

Commentary

Money Seemingly Boundless

Within days of each other in March two Northeast Ohio legends passed away: Michael Stanley and Joe Tait.

Commentary

Q4 2020 Market Commentary

In the fourth quarter of 2020 the November 9 Covid-19 vaccine data prompted a shift in the market on that day, as the cards were turned over on Pfizer’s/BioNtech’s candidate. The positive efficacy data led to a strong rally in lowly-valued stocks and shares of companies that had been negatively affected by the pandemic.

Commentary

Third Quarter Commentary: The Beat Goes On

The beat went on in the third quarter as growth stocks once again shone, propelling the S&P 500 to a 9% gain. The market continues to be narrow, with the index being carried by a relatively small number of companies. While the index is up this year, the average stock is down. This is generally considered to be unhealthy.

Commentary

Second Quarter 2020: What A Short Strange Trip It's Been

In 1976, Grateful Dead released “What a Long Strange Trip It’s Been.” The second quarter felt like a long strange trip, except it took place over just three months. We entered the quarter trying to flatten the curve, did so, and saw the economy reopen and social distancing restrictions relaxed to a degree.