2020: A Year Like No Other
Only three months to go! We are finally getting to the back stretch of this ‘annus horribilis,’ the Latin term made famous in the modern era by Queen Elizabeth II in 1992 after the British Royal Family suffered an awful year of tragedies and scandals.[i] The daily...
Not Your Father’s USO Show
This week the oil markets experienced the most unusual collapse ever. There was hope that oil prices would stabilize after the April 13 announcement of OPEC+ production cuts, which are set to take effect May 1. However, the almost 30% drop in global demand from the...
Innovation in the Time of COVID-19
This article from CNBC.com highlights the innovation at work as technological solutions to help many aspects of the pandemic are quickly coming to market and having important real-time impact. From using artificial intelligence to track the spread of the virus to...
We Have a Deal…Now What?
As we face the most brutal phases of the COVID-19 outbreak in New York and throughout the country, we are concerned for your health, safety and how you are coping with the situation. Of course, we are fully engaged with the economic and financial market fallout of...
It’s tough to make predictions, especially about the future – Yogi Berra
Yogi Berra’s famous saying seems particularly apt in these early months of 2020 as big surprises around the world have caught policymakers and investors off guard. Every December, as I read through economic and market forecasts, I think about how long it will be until...
The Millennials: Be Nice to Them
As we are about to start not just a new year but a new decade, media and conversations naturally turn to what’s in store for all of us in the 2020’s. Where are we going politically, socially, culturally? As financial advisors, we’ll leave thoughts on key trends in...
The Philanthropic Advice Gap
Professional financial, tax and legal advisors typically do a strong job helping clients structure their philanthropy through the right vehicle and providing sound financial and budgeting advice. Where they often fall short is in helping clients discover core values,...
Trade, Interest Rates, and Investment Discipline
I dreamed a thousand new paths…I woke and walked my old one – Chinese proverb[i] The last week has seen the biggest drop of the year in global equities as two main macro drivers of equity prices for the past two years – trade disputes with China and Federal...
The China Syndrome
A scary movie It’s the fortieth anniversary of the 1979 film The China Syndrome [1] starring Jane Fonda, Jack Lemmon and Michael Douglas, which exposes serious safety issues at a California nuclear plant. The term ‘China syndrome’ refers to a nuclear accident causing...
