The Blog

Climbing The “Wall of Worry”

There’s a lot going on in the world right now. I almost cringe when I hear myself say that, because it is, quite literally, always true. And the financial media is beginning to recycle one of their favorite terms – climbing the “wall of worry.” Continue reading

Week In Perspective: Market Rebounds Into Records [23-Jul-21]

The S&P 500 (+2.0%), Dow Jones Industrial Average (+1.1%), and Nasdaq Composite (+2.8%) ended the week at record highs, as investors embraced a buy-the-dip mindset and piled into the largest stocks in the market after a rough start to the week. Continue reading

IPOs, SPACs, and Direct Listings: All Paths to the Same Place

Investors have long recognized that the reasons why companies elect to go public include access to greater fundraising opportunities, improved liquidity for investors, and/or a lower cost of capital. More recently, however, investors have considered the implications related to how companies go public. Continue reading

Markets Hit a Rough Patch

As it often does, the stock market has hit a rough patch due to concerns around the delta variant, economic growth, interest rates and more. Continue reading

Week In Perspective: Treasury Market Disrupts Stocks [16-Jul-21]

The week started with the S&P 500 (-1.0%), Nasdaq Composite (-1.9%), and Dow Jones Industrial Average (-0.5%) closing at record highs, but that’s about as good as it got. They each finished lower as the market turned defensive while the real loser was the Russell 2000 (-5.1%) with a 5% decline. Continue reading

Week in Perspective: Small Gains [9-July-21]

The S&P 500 (+0.4%), Dow Jones Industrial Average (+0.2%), and Nasdaq Composite (+0.4%) eked out small gains and ended the week in record territory. The small-cap Russell 2000 struggled this week and declined 1.1%. Continue reading