HAPPY 10TH ANNIVERSARY EXPANSION! As of the beginning of July, we are officially in the longest US expansion on record, according to the National Bureau of Economic Research.
The financial markets have started the year with a bang.
2018 put the cliche “It’s a bull market somewhere” to the test. Instead it proved to be the year where there was no place to hide.
As we write to you in October summarizing the previous calendar quarter we need to break protocol and begin with a discussion of the first half of October.
Coney Island’s Cyclone roller coaster is a fasten your seat belts type ride that boasts: “get ready to shake, rattle, rumble…. featuring 12 drops and 27 elevation changes that still has the stuff to take your breath away.”
2017 began amid several geopolitical and economic worries, most of which did not materialize.