By The Way – July 2018

“‘it has been my experience that when everyone “knows” something will happen, it often doesn’t.” Over half the year is gone and the summer doldrums are upon us.  The Hamptons...


By The Way – June 2018

We have long expressed the belief that the more than generous monetary stimulation provided by the world’s central banks over the past decade was responsible for a large part of...


By The Way – May 2018

The current market brings to mind the old saying about being an airline pilot; it involves long stretches of boredom punctuated by moments of sheer terror.  The S&P 500 continues...

Our Funds

By The Way – April 2018

“‘It takes buying to move prices up, but markets can fall of their own weight.” The interday and intraday volatility of the S&P 500 and the Dow Jones Indices leaves...

Our Funds

By The Way – March 2018

“We learn from history that we do not learn from history” As promised, for the past month we have been closely watching the internal strength of the S&P 500 for...


By The Way – November 2017

The S&P 500 Index continues to act in a positive manner, and we see no compelling reason to change that outlook at this point in time.  While there are legitimate...

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