Category Archives: Perspective

The silver lining in the cloud that has been U.S. politics the past several years has been the strength of the economy. Economic growth has been brisk while inflation and unemployment have been low. The resulting sense of optimism has … Read more

“Time present and time past are both perhaps present in time future, and time future contained in time past.” -T.S. Eliot, Burnt Norton, 1 Extraordinary Times The experience of watching the broad stock indices march higher for months threatens to … Read more

The estimates are arriving and the facts of the TAX CUTS AND JOBS ACT are emerging. The Tax Policy Center (TPC), a purveyor of independent analyses of tax issues, has produced two noteworthy studies of the bill. To begin with, … Read more

Investing by definition involves making decisions under uncertainty, as the future is unknowable. Given the regime change underway in Washington, uncertainty of current events is at or near its zenith. The anxiety behind the heightened degree of uncertainty is apparent … Read more

“Doublethink means the power of holding two contradictory beliefs in one’s mind simultaneously, and accepting both of them.” – George Orwell, 19841 The parody of a presidential election playing out on the ubiquitous combination of traditional and social media reminds … Read more