Expectations for 3rd quarter corporate earnings and economic growth were probably too pessimistic going into October.
Each is a leader in its respective industry, and all three benefit from durable, long-term macro trends.
Two bills are making their way through Congress right now that pose a danger to the innovation that makes transparency possible on the internet.
The uncertainty of resolution on many fronts has meant that as investors, we’re waiting for something to give.
The overall market appears to have somewhat stabilized, so we will consider making some purchases over the next few months.
Sometimes a stock can be purchased that is attractive from both a value and momentum perspective. Here's an example.
Steve Smith of SWAN Asset Management discusses his approach to the market on this recent radio appearance.