Be Careful of Consensus
January 14, 2025
After another year of impressive market growth, dollar strength, and economic gains, we continue to value a healthy dose of skepticism.
Author: Mike Sullivan
VIDEO: GHPIA’s Periodic Table of Asset Classes
December 26, 2024
Our periodic table of asset class returns highlights how unpredictable the top and bottom performers can be -- proving there is no clear pattern over 20 years in the stock...
The 1980’s Called, and They Want Their 8%+Mortgage Rates Back
January 10, 2024
Dorothy was right, “there’s no place like home”, which is why deep bargains for buyers will be scant in the years ahead.
Understanding Why Silicon Valley Bank Failed
March 14, 2023
On Wednesday March 8th SVB Financial Group (SIVB), the holding company for Silicon Valley Bank, announced a recent sale of $21 billion from their bond portfolio as well as their...
Economic Shocks from Russia-Ukraine War are Receding
February 14, 2023
As the war reaches the one year mark this month, most commodity prices have fallen back to pre-invasion levels and Western economies, particularly the most vulnerable in Europe, have thus...
A Challenging Side Effect of COVID: Government Debt
June 30, 2021
Government debt will continue to be a long-term pandemic side effect, one that investors in international markets may endure safely if they devote increased scrutiny to deficits, tax rates, and...
Negative Capability and the Emotions of a Market Cycle
December 31, 2020
Here are three guidelines investors should use to weather the highs and lows of a tumultuous market cycle like that of the past year.
As China Pressures Hong Kong, How Should Investors React?
June 30, 2020
China is flexing its muscle, menacing Hong Kong and stirring up geopolitical tension, with broad implications for the financial markets.
The Mighty Consumer to the Rescue
September 30, 2019
What is often lost within the din of negative economic news, the daily Twitter provocations, and stock market volatility is a vibrant U.S. consumer spending backdrop, which could be the...
Germany’s Fiscal Austerity: An Impediment to Economic Growth
June 30, 2019
Although the eurozone has enjoyed continuously declining unemployment in recent years, both economic growth and inflation remain stubbornly low. With negative interest rates over the last five years and a...
The Bear Necessities
September 30, 2018
This August the S&P 500 Index set a record for the longest uninterrupted bull market rally at 9.5 years and counting. Of course, all good things must come to an...
Japan – Improving Trends in the Land of the Rising Sun
December 31, 2017
Japan’s Prime Minister, Shinzo Abe, took a political gambit by calling a snap election in October. This decision appeared to pay off in spades as his ruling coalition won a...
Slow and Steady Wins the Race
December 31, 2016
Over 2,500 years ago, Aesop’s fable “The Tortoise and the Hare” delivered this simple moral espousing the benefits of steady perseverance. Over the last 90 days, numerous examples taken from...
The Full Field of View – Our Annual Financial Statement Update
December 31, 2015
You may have recently visited your doctor’s office because you had a sore throat. Before they took a throat culture, it is likely they first checked your height, weight, blood...
Social In-Security
June 30, 2014
“The social security program….cannot remain static. Changes in our population, in our working habits, andin our standard of living require constant revision.” — President John F. Kennedy, 1961 If you...
All that Glitters Isn’t Gold
June 30, 2013
During this past quarter the price for 1 troy ounce of gold has precipitously fallen by 25%. Over the past two years the price of gold has tumbled 35% from...
