October 2020 Newsletter

Business cycles demonstrate that previous presidential elections have not had lasting effects upon stock market performance. We learn this each presidential election. 

May 2020 Newsletter

I am writing this Newsletter at the end of a day (5/27/20) when the market (DJIA) increased by over 2%.  These days are confidence-building, as the numbers for the day point to the market moving higher again and to a market that will not give in to fear and pessimism. No promises that it cannot go down again, but proof that no one ever knows enough to say “This time it’s different.”