There’s a Lot Riding on the Current Regime Change

Regime changes are hard. Take, for instance, the current regime change from disinflation and falling rates to inflation and rising rates. As the previous regime lasted for over 40 years, there is a generation of investors who know nothing other than that experience. What makes regime changes difficult is that it requires investors to “unlearn”…

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Sell In May and Go Away?

Today we flip the calendar from April to May, and with the turn of the calendar we welcome warmer days. Trees are once again budding, birds are singing, and flowers are in full bloom, adding a pop of color to what had become a dreary landscape. And, like spring in New England, the markets have…

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