“Sell, Mortimer! Sell!”

The line, “Sell, Mortimer!  Sell!” comes from the iconic 1980s movie, “Trading Places,” where the film’s heroes, played by Eddie Murphy and Dan Aykroyd, get the better of villains Randolph and Mortimer Duke while trading orange juice futures contracts—which is yes, a real thing.  In the pivotal scene, Murphy and […]


February Investment Comments

Volatility returned to the stock market in 2018, ending the gentle melt up that investors had enjoyed.  The S&P 500 dropped at least 10% in three separate months last year—February, October, and December.  Stocks battled back bravely from the first two corrections, but a weak December finally torpedoed the S&P’s […]


Investors Need More Information, Not Less

President Trump often announces his policy interests through twitter.  Last August 17th he tweeted this: It was later learned that the idea for dropping quarterly reporting came from a conversation with former Pepsi CEO Indra Nooyi that focused on ways to improve job growth.  Mr. Trump was quoted in the […]


January Investment Comments

Investors hoping for a year-end rally have instead been treated to increased market volatility.  A near 5% decline in its first week was the market’s worst start to December since 2008, though this drop followed what was the S&P 500’s best week in almost seven years.  The recent turbulence is […]


Year End Financial Planning Tips

The end of the year is a great time to review your finances.  Whether you’re still working or retired, there are changes you can make to ensure that you’re not leaving any money on the table.  These changes can help reduce your 2018 taxes and set up for a more […]


December Investment Comments

Despite October’s market drama, anxiety over the recent election, and hand-wringing over the durability of the economic expansion, the stock market seems to be on sound footing.  Economic growth appears solid and valuations are reasonable thanks to the impact of lower corporate tax rates. Third quarter Gross Domestic Product (GDP) […]


Getting Your Financial House in Order

No one likes to think about their demise.  However, like Ben Franklin’s ubiquitous saying goes, nothing in this world is certain except death and taxes.  This Viewpoint is a practical warning about steps you need to take, or need to have your elderly parents take if you are fortunate to […]


November Investment Comments

November’s midterm elections are likely to result in a divided congress.  Forecasting website FiveThirtyEight.com currently predicts an 85% chance that Democrats win control of the House but only a 19% chance the Senate swings blue as well.  A surprise sweep by one party could cause further asset price volatility as […]


Free Credit Freezes Available Soon

The massive Equifax data breach occurred approximately one year ago, resulting in the theft of Social Security numbers, birthdates, names, addresses, and in some cases driver’s license numbers.  The number of individuals involved was staggering, nearly 147 million.  Shortly following the breach, Scott wrote a Viewpoint outlining potential countermeasures for […]


October Investment Comments

Against a backdrop of tariffs, Federal Reserve interest rate increases, and emerging market struggles, the S&P 500 steadily advanced to a new all-time record in late August.  This has now become the longest bull market in history, measuring 9½ years from the low of March 9, 2009. Common sense would […]