Commentaries
Q4 2022 | Forced Change, Ignite Progress
Q3 2022 | A Path to Break Tradition
Q2 2022 | The Cost of Inertia
Q1 2022 | Realizing Uncertainty
Q4 2021 | Indeterminate Values
Q3 2021 | Past Accepted, Surprises Expected
Q2 2021 | The Consequences Are Always Unintended
Q1 2021 | Intellectual Honesty – A Valuable Trait
Q4 2020 | A Wrinkle in Space and Time
Q3 2020 | The Best Lines Are Odd Non Sequiturs
Q2 2020 | The Illusion of Price, The Opportunity of Return
Q1 2020 | The Math of Loss & The Art of Calm
Q4 2019 | Why Hindsight Should Not Be Your 2020
Q3 2019 | The Fulcrum of Investing Reality – Return vs. Risk
Q2 2019 | Yesterday’s Headlines Not Necessarily Tomorrow’s Problems
Q1 2019 | Climbing Paradox Mountain
Q4 2018 | Rewarding An Investor For Discipline and Risk Management
Q3 2018 | An Investor’s Internal Trade War
Q2 2018 | Finding the Path of Least Resistance
Q1 2018 | How Risk and Volatility Are Different
Q4 2017 | An Equity Rally Surprising Even to Itself
Q3 2017 | Equity Risk Complacency
Q2 2017 | Act, Think, or Wait
Q1 2017 | Is Imagination Better Than Reality?
Q4 2016 | The Statistician and The Speculator
Q3 2016 | A False Sense of Calm
Q2 2016 | Redwood Commentary
Q1 2016 | Redwood Commentary
Market Snapshots
The Dotcom Redux
Bear Markets of the Past
Treasury Bills at 5%
Pressures of Public Markets
Breaking Out the New Year
Unemployment = Lagging Indicator?
Setbacks Set Up Comebacks?
Second Time Since WWII
How Useful Are Year-End Predictions? (2022 Edition)
A New Risk Era
Many VIX Upticks
Diversification Difficulties
Quality Comeback
Topping the Ten Year
Studying Historical Value
High Yield, Low Default
Pivot Pressures
Indication in International?
Equal-Weight Winning
Price Pressures Ease
The Great Pontification
On Par With ‘08
No Progress
Time to Recovery
P/E Plummet
Correlation Conundrum
Bond Bear Market
Yields Up = Price Down
Technical Turnaround?
Spike vs. Climb
Lagging Indicator?
Flow and Ebb
Inflated Fears
The Anatomy of a Correction
No Quarter
Safe-Haven Shock
Cheapest on Record
Treasury Turnaround?
Munis Appeal Again
The True Cost of Timing
Been Here Before
Three-Sigma Tumble
Dollar Dominates
Credit Correction
40-Year Trend Tested
Muni Meltdown
The Math of Loss
