The Markets

And the hits just keep on coming.

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 and financial decisions are made after rational reflection. In Nudge, he wrote:

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 Monday or Tuesday, this will become the longest rally without such a drop.

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 the market is overvalued, but some analysts argued it’s different this time. The Economist explained:

The Markets

Geopolitics, what is it good for? Absolutely nothin'!

In January, Robert Kahn of the Council on Foreign Relations wrote in Global Economics Monthly:

The Markets

“In theory, there is no difference between theory and practice, in practice there is.”

The Markets

Last week, the aftermath of Hurricane Harvey and potency of Hurricane Irma dominated hearts and minds, but there were some diversions and some welcome news, too.

We are thrilled to announce that recently Forbes awarded Enzo as one of America’s Top Next-Generation Wealth Advisors.  

The Markets

When it comes to economic growth, the government doesn’t measure twice. It measures three times.

The Markets

Hope floats.