Beyond Bulls & Bears

Optimism, Pessimism and Opportunity

Optimism, Pessimism and Opportunity

I would characterize the action in energy stocks over the past few months as herd mentality at its worst. For us, it’s about identifying the good companies that are getting thrown out with the bad, and that’s been a significant focus of ours for the last several months.

Are US Stocks Reacting Rationally?

Are US Stocks Reacting Rationally?

Even with valuations increasing, we believe many of the same factors that drove the market higher in the last few years appear to remain in place. In particular, we think low inflation and accommodative monetary policy around the globe, combined with improving economic data and corporate profits in the United States, could be supportive of continued market growth in the years ahead.