Dylan’s Market Commentaries

Dylan’s Market Commentaries

Dylan’s Market Commentaries

Commentary Archives

Inflation: What is it, Why is it, and What to do about it?

 “Inflation is as violent as a mugger, as frightening as an armed robber and as deadly as a hitman.” Ronald Reagan  “A nickel ain’t worth a dime anymore.” Yogi Berra  We have had many clients ask about inflation recently, so this is a good time for a primer! We will discuss some of the basics

Five Things that Seem to Be Going Up

Since the deepest valley of the pandemic, it seems like most everything is going up: some great things and some not so great things. In this article, I highlight five of the most important rising tides, in my view. Fraud One of the disadvantages of living a largely virtual life is it has become easier

Short Squeezes and Syringes: A Market Update

“I didn’t expect this.” Keith Gill, the day-trader credited with starting the GameStop stock mania “This is actually good news.” Dr. Anthony Fauci on the Johnson & Johnson preliminary vaccine results When the year 2020 closed out, I heard many comment on their excitement for a New Year. And rightly so; 2020 was a strange, confusing,

Blue Wave, Blue Tide, and a Thin Red Line: Politics, COVID, and the Future

Equity market returns are tightly tied to the economy. After all, companies largely represent the economy by means of providing jobs, producing goods for consumers and government, and buying the goods of other companies.  If one has a good sense of how the economy will do, she can often accurately forecast the future returns of

2nd Quarter 2020: On the Shape of Things to Come

Dylan B. Minor PhD, MSBA, CFP®, ChFC, CLU Chief Strategist and CIO This quarter I have had some client questions about the “shape of the recovery.” That is, many are wondering what the economic recovery will ultimately look like, and by corollary what stock markets might look like. To begin such a discussion, it is

Whatever It Takes

Dylan B. Minor PhD, MSBA, CFP®, ChFC, CLU Chief Strategist and CIO These are forceful and huge steps. The Fed is doing whatever it takes. Mark Sobel, former U.S. Treasury official In this note, I provide an update on financial markets and the economy, an overview of some of the important features of the new

1st Quarter 2020: The End of a Bull Market and the Beginning of a Pandemic

Dylan B. Minor PhD, MSBA, CFP®, ChFC, CLU Chief Strategist and CIO This past Thursday (March 12th) marked the end of the longest bull market, at least by some measures. Stock markets fell 25-30% from previous peaks in February. Interestingly, many of the best returns of the stock market occur after the worst ones. Indeed,

4th Quarter 2019: The 21st Century in 2020

Dylan B. Minor PhD, MSBA, CFP®, ChFC, CLU Chief Strategist and CIO Forget not your past, for in the future it may help you grow. J M Barrie As they say, hindsight is 20/20. So it is that a look to the past two decades can prove helpful, as we are already 20 years into

3rd Quarter 2019: On the Wisdom and Folly of Crowds

Dylan B. Minor PhD, MSBA, CFP®, ChFC, CLU Chief Strategist and CIO With most things, the average is mediocrity. With decision making, it’s often excellence. You could say it’s as if we’ve been programmed to be collectively smart. The Wisdom of Crowds by James Surowiecki The ‘wisdom of the crowds’ is the most ridiculous statement

2nd Quarter 2019: Trade Wars Redux: A Short History and a Look to the Future

Dylan B. Minor PhD, MS, CFP®, ChFC, CLU Chief Strategist and CIO “Protectionism does not produce wealth, and free trade and economic openness are ultimately in everyone’s interest” Thomas Piketty, Capital in the Twenty-First Century “[the capitalist class] has resolved personal worth into exchange value, and in place of the numberless indefeasible chartered freedoms, has