Even though U.S. equity markets closed out 2014 on a soft note, ending figures for both the DJIA and S&P 500 were just a stone throw away from all-time highs. As fundamentalists, we recognize that 2014 returns were beyond our expectations, similar to our...
We are encountering renewed volatility as we welcome the last quarter of 2014. However, this isn’t much of a surprise due to our belief that current market valuations are at a premium. Domestic markets continue to digest positive news concerning our economy, but...
The DJIA hovering around 17,000 upon the close of the second quarter raises many questions regarding stock valuations. We have stated that levels above 17,000 would be considered overbought territory relative to current fundamentals. This is confirmed by our...
We have completed one of the most eventful quarters in recent memory giving us many issues to focus on as we proceed through the year. We sense that bond volatility is subsiding due to more details surrounding the decision to “taper.” Instead of being driven by...
