Q1 presented a clear reminder that there are many moving parts in this world with network effects that are entirely unpredictable.
2019 Q1 Economic Update
April brings showers, baseball, tax deadlines, and historically,the best month of the year for the S&P 500 Index (over the last 20 years). The S&P 500 had its best first quarter since 1998. And in March we celebrated the 10-year anniversary of the current bull market.
2020 Q1 Economic Update
Vladimir Lenin once said, “There are decades where nothing happens, and there are weeks when decades happen.” I think it is safe to say that we’ve just experience the latter.
2020 Q4 Economic Update
A significant inflection point across many aspects of American society, 2020 will certainly be a year that is studied for decades to come. So much of what transpired reveals the fragility of our species and our democracy, yet it also highlights the resilience of humanity and the genius of the American experiment, imperfect as they may be. To truly live means to evolve. And we are evolving.