Investment Research


JANUARY 2019

What Will Shape the Markets in 2019? A Game of 20 Questions, Part I

To the extent one can ask the right questions, the best available answer is often something other than a concrete "yes" or "no." Rather, ones best judgment must be used based on an assessment of the probabilities. It is in that vein that my posts this month are modeled after 20 Questions, with my best sense of the relevant probabilities provided for the 20 issues I believe are likely to prove the most germane over the course of 2019.

MAY 2018

The Money Illusion: Look at What’s “Real”

With nominal interest rates on the rise, is now the time to hold more cash?
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