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Fastest 30% Sell-Off in History
Just an absolutely mind-bending stat from technician Stephen Suttmeier at Bank of America Merrill Lynch… The 2020 correction continues to make history, having already claimed the title as the third fastest end to a bull market going back to 1928. In a little over four weeks since the February 19 peak, 22 trading days, the […]
RIP Kenny
[embedded content] Rest in peace Kenny Rogers, gone at 81 years old.
Will the weather help us fight the virus?
In times like these, it’s nice to read what optimists have to say along with all the pessimism and worst case scenarios we’re also paying attention to (whether we choose to or not). Veteran Wall Street strategist Ed Yardeni has a recent note out looking at the virus from various vantage points – policy response, […]
We are not going to participate in this recession
[embedded content] I made a decision. We are not going to participate in this recession. There’s too much work to be done. Bank of America Merrill Lynch anticipates something like 3.5 million American jobs lost by the end of the 2nd quarter and a doubling of the unemployment rate. We have no control over that. […]
We Need Some Wins
Jason Segal was on the Howard Stern show recently and talked about why Judd Apatow’s critically acclaimed television show ‘Freaks and Geeks’ was canceled, despite its groundbreaking approach to the teen genre and an incredible cast. He said it boiled down to the fact that the protagonists always seemed to be losing. The network executives, […]
Live from the Compound (Social Distancing Edition)
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Ricky Sandler Goes Off
In case you missed this from my show today – Ricky Sandler (Eminence Capital) joined us by phone on CNBC’s The Halftime Report and just went on an absolute rampage about how incorrect it is to be bearish right now. He thinks the more panic, the better, and is even talking about taking out a […]
Six Steps for Leadership in a Crisis
I’m learning a lot about leadership right now, given my position as the CEO of a wealth management firm during a health crisis that has become an economic shock. Hundreds of families are relying on us, not to mention the 31 people working for us across the nation. I found the below helpful, it comes […]
The one thing we know for sure
This week, there will be 1.9 million coronavirus tests shipped out to hospitals, government agencies and public health professionals all over America. The one thing we know for sure is that a lot of people will test positive for COVID-19. This is bad. It’s also good. We cannot get our arms around this crisis without […]