INSIGHTS
Market Commentary Q1 2019
By: Matt Garrott 2019 is off to a hot start as the S&P 500 gained 13.7%. Will the market keep up this pace for the rest of the year? It’s unlikely, but the “pace” is also a bit misleading. We have not yet made up the [...]
Kraft Heinz
By: Matt Garrott This Commentary Brought to You in Part by Macaroni and Cheese The latest earnings report for Kraft Heinz was a shocker. Operating results were flat, there was a huge impairment ($15.4 billion) of goodwill, and the dividend was cut by 40%. On top [...]
Shutdown Rally
By: Matt Garrott The S&P 500 seemed destined for bear territory (a fall of at least 20%) at the end of last year. It was down 17% when the US government shut down on Saturday December 22nd. On Monday, the 24th, a frenzied half-day of trading [...]
Market Commentary: Year-End 2018
By: Matt Garrott What Happened in 2018 Hail to the King – Cash was king in 2018, up 1.87%. Chances are your savings account outperformed your portfolio this year, as 2018 was a highly unusual year where virtually every other broad asset class lost money. Keep [...]
Artificial Intelligence and Our Trading Strategy
By: Matt Garrott The S&P 500 finished November with the largest weekly gain in 6 years. What does this tell us about the market? Maybe it tells us that the October sell-off was an overreaction. More likely it tells us the same thing the October sell-off [...]
Stay Calm
By: Matt Garrott Our message to remain true to your financial plan and focus on long-term goals rather than today’s headlines is a familiar one. Cynics may wonder why our commentary is so plain and treats common sense as not-so-common. We don’t forecast GDP. We’re not [...]