Current Commentary

Artificial Intelligence versus web search...how things might change for companies: July 5, 2025, Wall Street Journal, "The Companies Betting They Can Profit From Google Search’s Demise" by Katherine Blunt

After touching historic highs in mid-February, US stock indexes slumped, with most technology winners of the past three years falling into a meaningful correction. All told, it was a first quarter that began on a positive note as markets cheered what they hoped would be a Trump 2.0 administration focused on deregulation and tax cuts. It ended not with a [...]

Want to better understand “the Cloud”? AI? There are revolutionary changes washing through our North American and world economy. Here is a great article with interviews to help shed a light on some of the areas we have seen as opportunities for investors: Wall Street Journal  "Banks Loan $2 Billion to Build a 100-Acre AI Data Center in Utah" By [...]

A second year of healthy growth for financial assets in the United States has, for most observers, put an end to talk of a “soft landing” or a “hard landing.” As I observed last quarter, the economy has landed, and the reason some have not noticed is because it was and is an amazingly soft touchdown. Put another way, despite [...]

As your statistical report will likely show, this has been a nice quarter, a nice year and a nice twelve months for most clients. While technology company shares took a breather and went into a consolidation phase, a broader cohort of equities saw renewed interest and resulted in an overall positive performance of both domestically focused and international mutual funds. [...]

The inevitable correction in technology was due and wild suggestions by politicians is the supposed excuse. I believe the secular growth of AI related tech stocks is unstoppable, and that while this correction may be uncomfortable for a few weeks, we are likely to find a positive resolution before year end. 7/18/24 - The Guardian: "Nasdaq losses deepen amid market [...]