“The Federal Reserve needs new thinking – its models are unreliable, its policies erratic and its guidance confusing. It is also politically vulnerable.”
“A downturn like 2007-09 when U.S. stocks fell by more than half can be both awful and therapeutic.”
Our latest Quarterly Investment Perspectives recaps the third quarter and looks ahead to the end of the year.
“An investor’s ability to earn an attractive return on an investment will largely depend on whether he accurately appraised the investment’s fundamentals and paid an appropriate price for those fundamentals.”
A Detailed Summary of the One Big Beautiful Bill
Podcasts