Weekly Updates

December 4, 2017

Exciting Changes Are Coming!
In order to better serve our clients we will soon have a new office in Billings, new email addresses, and a new website address.  We will keep […]

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November 27, 2017

The Markets

There was a lot to be thankful for last week.

Stock markets around the world may have ripened to full-slip sweetness this year. Emerging markets have delivered the most attractive […]

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November 20, 2017

The Markets

Are investors more like tigers or African wild dogs?

It appears investors – retail and institutional – have become rather like predators. They patiently stalk shares, waiting for a dip, […]

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November 13, 2017

The Markets

Selling it overseas.

Most of the companies in the Standard & Poor’s 500 (S&P 500) Index have reported third quarter earnings per share (EPS), which is the profit earned per […]

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November 6, 2017

The Markets

“Taxes are what we pay for a civilized society.”

U.S. Supreme Court Justice Oliver Wendell Holmes’s statement is engraved on the front  of the Internal Revenue Service building in Washington, […]

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October 30, 2017

The Markets

The last full week of October was a box full of surprises.

First, U.S. economic growth exceeded expectations. The devastation wrought by Hurricanes Harvey, Irma, and Maria was widely expected […]

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October 23, 2017

The Markets

And the hits just keep on coming.

Last week was the anniversary of Black Monday. On October 19, 1987, the Dow Jones Industrial Average (Dow) lost 508 points, or more […]

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October 16, 2017

The Markets

There’s a new kid in town: narrative economics.

Last week, Richard Thaler was awarded the Nobel Prize in economics. His work in behavioral economics and finance recognizes not all economic […]

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October 9, 2017

The Markets

Slow and steady…

It has been 332 days since the Standard & Poor’s 500 (S&P 500) Index experienced a 5 percent drop, reported Barron’s. If there isn’t a selloff on […]

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October 2, 2017

The Markets

A lot happened during the third quarter of 2017, but not much changed.

The bull market in U.S. stocks continued to charge ahead. Traditional measures of valuation continued to suggest […]

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