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Market Commentary
Negative Interest Rates: The Imaginary Has Become Reality
In finance and economics, negative interest rates were thought to be imaginary and impossible. In the last few years, the impossible has become realit...
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Market Commentary
Market Outlook: A Roundtrip Journey
The last market outlook I wrote for this publication was in July 2015. At that time, the S&P 500 Index, which serves as a broad stock market proxy, wa...
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Market Commentary
2016 Market Outlook
U.S. equity market returns for 2015 were challenging, with the price of the S&P 500 Index down 0.73% over the year. With a peak to trough difference o...
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Market Commentary
Market Outlook August 2015
Throughout the history of financial markets there has tended to be a high level of comfort
amongst investors when prices are rising steadily. Everyone...
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