Weekly Market Commentary

April 25, 2017

The Nasdaq traded at record highs over 6,000 this week in a bullish response to the marque vote held in France on Sunday, recent corporate earnings reports and huge expectations for the tax reform package being delivered from the White House.


April 19, 2017

When the 16th Amendment was ratified in 1913, the tax code started out at 27 pages and with forms, regulations and rulings added up to about 400. The top marginal income tax bracket was 7% and the top corporate tax rate was 1%.


April 11, 2017

Images of the Syrian villagers went viral, as did film of the aftermath of the terror attack in Stockholm and the suicide bombing in northern Egypt. Our world is never a quiet place, but it felt particularly unsettled.


April 04, 2017

The number of public companies has shrunk by one-third in the last 20 years, falling from 9,113 in 1997 to 5,734 according to the Center for Research in Security Prices at the University of Chicago.


March 28, 2017

College basketball fans from Florida to Oregon and Palo Alto to Storrs were on the edge of their seats last week during the NCAA’s Sweet 16 and Elite 8 tournaments. Investors meanwhile stood transfixed by the contest for votes on healthcare reform.

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