Dear Valued Investor, “In the short-term, the market is a popularity contest. In the long-term, the market is a weighing machine.” Warren Buffett 2021 is under way, as our nation and the rest of the world look to begin to put the global pandemic behind us. The path...
The level of US debt, already elevated before COVID-19 hit, skyrocketed as Congress put into place much needed fiscal stimulus in response to the pandemic, and it may jump again as the Biden administration targets its stimulus goals. Markets have seemed unfazed by...
Earnings season is off to a very strong start relative to expectations. Only about 5% of S&P 500 companies have reported results, but 96% have beaten estimates. Forward 12 months’ estimates have already increased by 0.5% since January 1, 2021. Stability of...
