LS York

The Covid-19 virus has required massive central bank policy intervention and raised our national debt to new highs. We also have racial protests, negative real interest rates, and an election with consequences just a few months away. Yet despite the uncertainties, investors have continued to pile into stocks pushing the S&P500 to all time highs. … Read more

The Covid-19 virus has set back the global economy. This has required massive central bank policy intervention and raised national debts to post housing crisis highs. Yet despite the high debt and uncertain world economy, investors have continued to buy and hold stocks. This commentary addresses why this has been true, what we are doing … Read more