By STEVE WHITTINGTON, CFA Modeling agencies, historically, are some of the most tireless recruiters of talent in the world. It’s an avant-garde industry that is always pushing the envelope in terms of vision and creativity. Of course, once the talent … Read More
By STEVE WHITTINGTON, CFA Set in a futuristic and dystopian future, the classic science fiction film Blade Runner attempts to examine the moral implications of a race of genetically created super beings called Replicants. As part of the plot, the … 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
BY THOMAS FRISBIE, CFA Most Americans of voting age probably see today’s political environment as the most contentious ever, and the Philadelphia Federal Reserve Bank would certainly agree. Among the mountains of data the “Philly Fed” compiles and studies is … Read More
BY KENT SHAW, CFA YOUR COMPUTER DESKTOP: Less is more We often write about topics central to finance, investing, and the economy but this week we would like to share some random thoughts that might make your life easier. Especially … Read More
By OLGA LEE, CFA The second quarter 2018 season is coming to a close, and so far the overall results have been pretty strong. The S&P 500 companies are set to deliver 8% revenue growth and 25% earnings growth. While … Read More
BY CHRIS GUINTHER President Trump is standing firm in a tariff battle with China, having imposed tariffs on imports of steel and aluminum from most countries in the world. Further, he is threatening to pull out of an existing trade … Read More
WHAT IS A CYCLICAL STOCK? By STEVE WHITTINGTON, CFA Quick, what is the oldest pop song you know? Most people may not realize this, but the 1892 song “Daisy Bell” (most famously covered by Nat King Cole) is actually identified … Read More
By BRUCE R. STEINFELD, ESQ. Divorce has been called “the psychological equivalent of a triple coronary bypass.”1 Many believe that lawyers are largely to blame for the enormous psychological and financial damage caused by the divorce process. That’s not surprising, … Read More
BY THOMAS FRISBIE, CFA In April, the Congressional Budget Office released its “Budget and Economic Outlook”, which included 10-year projections on the size of the federal budget deficit. The report somberly predicted that, following passage of Donald Trump’s tax cuts, the … Read More