BY BRENDAN WAGNER, Portfolio Manager Be a Hipster Investor.  At least with a part of your portfolio. “Skate to where the puck is going to be” – Wayne Gretsky “Successful investing is having everyone agree with you………..later.”  – Jim Grant … Read More

BY BRENDAN WAGNER, Portfolio Manager A yield curve inversion has preceded every US recession in the past 60 years.  As the spread between 10 and 2 year Treasury yields heads toward zero and possibly below, might a recession follow? There’s … Read More

Results generally excellent, but they are backward looking and aided by tax cuts — future outlooks introduced enough uncertainty to dent a pricy, nervous stock market BY BRENDAN WAGNER, Portfolio Manager The headlines ranged from excited to euphoric to apoplectic … Read More

BY BRENDAN WAGNER Low inflation plus low unemployment is “puzzling” the Fed.  It doesn’t need to puzzle us. Fed Chair Janet Yellen: “My colleagues and I may have misjudged the strength of the labor market” Inflation in healthcare, rent and … Read More