Weekly Market Commentary

June 03, 2020

Doug Hurley, 53, of League City, Texas, became an astronaut twenty years ago. Bob Behnken, 49, a native of St. Ann, Missouri with a doctorate in mechanical engineering from the California Institute of Technology, also joined the NASA astronaut corps in 2000. They are the first two humans to successfully navigate a commercial spaceflight.


May 26, 2020

James L. Kraft, an ambitious young Canadian immigrated to the United States at the age of 29 and began a business in Chicago by selling cheese from the back of a wagon. Henry J. Heinz, a driven young man, was 25 years old when he formed a horseradish packaging company in Sharpsburg, Pennsylvania.


May 19, 2020

There is at least one place on Earth untouched by the scourge of the pandemic: it is our driest, windiest, and southernmost point, a place that never had an indigenous population, one so cold that if you throw boiling water into the air it will instantly vaporize.


May 12, 2020

In its 106-year history, the Federal Reserve has never bought a municipal bond. Its sixteen governors, chairmen and women never wanted to. Never had to. Never agreed to. Until SARS-CoV-2 (the virus) and COVID-19 (the novel coronavirus disease) arrived on our shores and began ravaging our communities and devastating our economy.


May 06, 2020

The most photographed bridge in the world is a steel suspension bridge spanning the Golden Gate, a one mile wide foggy strait of swirling tides and currents that connects San Francisco Bay with the Pacific Ocean.


April 28, 2020

There is a huge cost that we and other nations will bear, the size and extent yet to be calculated. In the process of impact and recovery, we have yet to determine whether we are halfway through, perhaps, at the ninth hole of an eighteen hole course?


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