Quarterly Commentary

Investors have been battered as market indexes retreated to levels last seen in 2020. As MCS client year-to-date performance demonstrates (below), clients have significantly outperformed …

Investors took a beating in the first half of 2022 and are now hoping, dare I say praying, that the worst is over. This newsletter …

The two-year Pandemic Relief Party (in the form of $5 trillion in fiscal stimulus1 and a Fed easy money policy) drove a stock, bond, and digital …

The Pandemic Investomania enabled many, but not all, risk takers to prosper in 2021. With some smallexceptions, I declined to risk your money in an …

Camp Transitory vs. Camp Persistent vs. Camp “Surely, you can’t be that sure” The debate about inflation and its implications for investors has been heating …

The Shortest Recession on record received the Most Stimulus on record, the result of a dire situation and reflexive response. The consequences of unleashing a …