The Italian Job

By | June 5th, 2018|Advisor Insights, News|

By William Davis   THE ITALIAN JOB   Handsome Rob: “Where do we want it to go? We can't have a shoot up without guns. We'd lose.” Charlie Croker: “We do it like the Italian job.” Start with the art works of Botticelli, da Vinci, and Michelangelo, the operas of Verdi and [...]

Why the Second Half of 2018 Should Be Good for Equities

By | June 3rd, 2018|Advisor Insights, News|

By Thomas Campbell Why the Second Half of 2018 Should Be Good for Equities Thomas Campbell, Portfolio Manager The stock market hasn’t really been able to get out if its own way this year, and the fixed income markets have offered little in the way of an alternative. Given all the [...]

To Boldly Go…

By | May 22nd, 2018|Advisor Insights, News|

By William Davis   To Boldly Go… By definition, “frontier” capital markets drift somewhere along the far edge of the investment universe -- a veritable Kuiper belt of political instability, corruption, and underdeveloped financial systems. We’re told that Kazakhstan is not easily accessible. That Kuwait has a small number of liquid securities. [...]

LOSSAPALOOZA

By | May 8th, 2018|Advisor Insights, News|

By William Davis   There’s a lot that goes on in the investment industry we don’t get. Like, why did Wall Street outfits known for years as “brokerage firms” suddenly become “banks”? Or why do a bunch of Department of Labor bureaucrats think they know anything about giving investment advice? And the [...]

Too Big to Be Too Big

By | April 24th, 2018|Advisor Insights, News|

By William Davis   “A billion here, a billion there, pretty soon, you're talking real money.” We were reminded of the famous quote – long mis-attributed to Everett Dirksen – with yet another story about Wells Fargo and a ridiculously large regulatory fine, a cool billion dollars this time. Best we can [...]

Cash, It’s a Hit

By | April 10th, 2018|Advisor Insights, News|

By William Davis   Hard to believe, but it’s been nearly a decade since Lehman Brothers, at the time the fourth-largest investment bank in the U.S., filed for bankruptcy. You might recall that before the ink could dry on the paperwork, investment markets around the world had tanked, leading, ultimately, to the [...]

Flash Geeks

By | March 27th, 2018|Advisor Insights, News|

By William Davis   So, there’s a Wall Street project called ‘Go West’ that’s nearing completion. Intended to invoke the spirit of Horace Greely, the plan is to link Chicago, the Pacific coast, and Tokyo via a trail of wireless towers, fiber-optic lines, and submarine cables. Once done, Go West will [...]

Love Isn’t All You Need

By | March 13th, 2018|Advisor Insights, News|

By William Davis   There's nothing you can do that can't be done. Nothing you can sing that can't be sung. Nothing you can say, but you can learn how to play the game. It's easy. You’ll be forgiven for not knowing that the suggested gift for a nine-year anniversary these days [...]

Amazon Ain’t Just A River In Brazil

By | February 27th, 2018|Advisor Insights, News|

By William Davis Remember when Amazon.com only sold books? No? Well, then, here’s a quick refresher: Way back in 1994, a computer scientist named Jeff Bezos launched what is now the world’s fourth most valuable company as an online bookstore. Out of his garage, as legend goes. Originally called Cadabra, the little [...]

Eve of (Self) Destruction

By | February 13th, 2018|Advisor Insights, News|

By William Davis   “But you tell me over and over and over again my friend, Ah, you don't believe we're on the eve of destruction.”             Barry McGuire, singer and songwriter We suspect commodity traders like to use the word “contango” in conversation whenever they can. Can’t blame them really. Not [...]