Quarterly Commentary

Q2 2019 Quarterly Review & Outlook

July 10, 2019

It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness… — A Tale of Two Cities by Charles Dickens   By nearly any measure, the first… Read More

Q1 2019 Quarterly Review & Outlook

April 16, 2019

The four most expensive words in the investment business are “this time it’s different” — Investor lore   What a difference a quarter makes.  By the end of the fourth quarter, it seemed as though U.S. policy makers were on… Read More

Q4 2018 Quarterly Review & Outlook

January 9, 2019

…in this world nothing can be said to be certain, except death and taxes —Ben Franklin There are actually three certainties: death, taxes, and change — L&S Advisors, Inc.   Good riddance.  Sorry to be so brutally honest, but good riddance to… Read More

Autumn 2018 Review & Outlook Webinar

October 11, 2018

If it is late cycle and risks are rising, why are domestic markets doing so well? Thursday, October 11th, 2018 1:15pm Pacific Time Prepared comments 20 minutes, Q&A to follow   If you missed our webinar, you may click here… Read More

Q3 2018 Quarterly Review & Outlook

October 9, 2018

Getting information off the internet is like taking a drink from a firehose—Mitchell Kapor The goal is to turn data into information, and information into insight —Carly Fiorina It is a capital mistake to theorize before one has data.  Insensibly,… Read More