WILL THE ELECTION BECOME THE PRIMARY ISSUE?
The Republican Convention commenced Monday night. As with the Democratic Convention, TV viewership is down considerably. According to Bloomberg, on a percentage basis the ...
26 August, 2020
- Account Login
- Advisor Login
- Contact Us
-
P: 804.612.9700
F: 804.527.1104100 Concourse Boulevard
Glen Allen, VA 23059
-
STATISTICS ARE STILL ENCOURAGING
Markets advanced Friday as the Markit composite PMI rose further above 50 in August and adds to the evidence that the rebound in economic activity has been resilient to both the ...
24 August, 2020
IT IS NOW THE S & P 5 NOT THE S & P 500
Perhaps Brown Brothers Harriman put today’s market into proper perspective when the firm stated...
20 August, 2020
A MARKET OF FIVE
The market has retraced its March lows. The issue at hand, according to Goldman 61% of this retracement is the result of only five stocks. Most have opined that today’s market is the most ...
19 August, 2020
MUSING ABOUT A COVID VACCINE AND THE CONVENTION
Perhaps the most imperative question of the day is whether or not a COVID vaccine is at hand. And if so, will it turbo-charge the economic recovery already underway?...
18 August, 2020
JULY’S RETAIL SALES AND CONSUMER CONFIDENCE DATA
July’s overall retail sales disappointed, rising only by 1.2% vs. the consensus estimate of 2.1%, thus suggesting the rebound is stalling. June’s data however was...
17 August, 2020
WEEKLY JOBLESS CLAIMS UNDER 1 MILLION FOR THE FIRSTTIME SINCE MARCH 13…THE DEFINITION OF “NARRATIVE”
Initial jobless claims again surprised on the downside, falling below 1 million for the first time since March 13. For the week ending August 8 initial jobless claims were 963,000 vs. the ...
14 August, 2020
TECH SHARES AND GOLD ADVANCED
Both technology stocks and gold advanced yesterday. Treasuries fell nominally in price. Inflationary pressures were greater than expected and some are beginning to...
13 August, 2020
GOLD FELL, TREASURY YIELDS ROSE AND VALUE GAINED
The massive rally that pushed gold to record heights about $2,000 an ounce came to a violent end yesterday as the metal had its biggest drop in seven years after ...
12 August, 2020
“TRUTH IS OFTEN THE FIRST VIRTUE LOST IN WAR AND POLITICS”
COVID is a major electoral issue. There is a long-lived axiom of “truth is the first virtue lost in war and politics.” Today it appears that this axiom is on major ...
11 August, 2020