“Summer nights and long warm days , Are stolen as the old moon falls, And my mirror shows another face, Another place to hide it all”   –Seasons, Chris Cornell, 1992 The party is over.  After a three-year rager in the technology sector fueled by a mosh pit of Artificial Intelligence (AI) euphoria, the long overdue hangover is now setting in.  The AI … Read More

Over the weekend, the United States and Israel launched Operation Epic Fury, which involved hundreds of U.S. and Israeli aircraft performing strikes on key military and nuclear sites.

The Supreme Court ruled that President Trump cannot unilaterally impose broad tariffs under IEEPA. Trump delivered the State of the Union, and the AI boom is not fading; it’s just rotating.

The game has changed once again.  At one time, many decades ago, we operated in a Cold War world defined by spheres of influence. 

I’m a financial asset Mr. Brightside, as I see a market that is arguably off to its healthiest start in years.

The Winter Olympics open this week in Milan, a global showcase of discipline, precision, and marginal gains measured in hundredths of a second. Yet one thing remains constant. Every event ends with athletes on a podium, medals draped in gold, silver, and bronze. The symbolism is universal. Gold represents supremacy. Silver rewards excellence just short of the peak. Bronze honors … Read More

“Tuesday’s gone with the wind”  –Tuesday’s Gone, Lynyrd Skynyrd, 1973   It has certainly been a rousing start to the New Year.  No sooner did the ball drop on Times Square and the President of Venezuela was making an unexpected visit to the United States, Iranian protesters were flooding into the streets, and sabers were rattling between the United States and … Read More

Here are the highlights from the latest Market Insights video with Evan Coffey and Eric Parnell: Geopolitics have been noisy to start 2026 and could continue to produce headline risk, but financial markets continue to fade geopolitical shocks unless they become policy-driven.  Earnings remain supportive: Q4 results and forward EPS estimates point to continued growth, led by technology. Economic fundamentals will be … Read More

“Lengthy, uninterrupted booms, like the one in the 1920s, produce a collective delusion. Optimism becomes a drug, or a religion, or some combination of both. Propelled along by a culture of hot tips, one-of-a-kind deals, killer sales pitches, and irresistible slogans, people lose their ability to calculate risk and distinguish between good ideas and bad ones.”   – Andrew Sorkin, 1929  The … Read More

As 2025 comes to a close and the holidays draw near, it is a good time to consider the economic and market outlook for the year ahead.  Let’s get right down to it. The economy.  For the last four calendar years, markets have been bracing for the inevitable economic recession that never seems to arrive.  “The second half of the … Read More