Quarterly Newsletters

Due to COVID-19, we have temporarily suspended our quarterly newsletters and, instead, are sending out weekly updates.

Click here to read our past updates


Q4 2019 MARKET COMMENTARY

Market Commentary – Q4 2019

21ST CENTURY PERFORMANCE AND ANALYSIS
By: James K. Tonrey, Jr., Chief Executive Officer

There is an ad running now on a major business news network that provides statistical analysis for two particular events occurring simultaneously. For example, it will say something like this: Over the past ten years when x occurs then y usually returns 5.30% over some predetermined time period. This analysis is based on a random point in time, say a five-year or ten-year period, which is chosen by the data forecasters/promotors, and does not screen or take into account any unusual activity, or outliers, during that interval. Moreover, it does not take into account current investor behavior, current geo-political events, or current critical market conditions such as interest rates or inflation. [Read More..]

PREVIOUS EDITIONS:

September 30, 2019
June 30, 2019
March 31, 2019
December 31, 2018
September 30, 2018