Posts by Bryan Taylor
Cornerstone Fixed Income Commentary
Conquering Bond Bears “I was absolutely unemotional about numbers. Losses did not have an effect on me because I viewed them as purely probability driven, which meant sometimes you came up with a loss. Bad days, bad weeks, bad months never impacted the way I approached markets the next day.” James Leitner – Flacon Management…
Read MoreCornerstone 1st Quarter 2022 Commentary
War is mainly a catalogue of blunders Winston Churchill War in Europe, mounting inflationary fears, and Covid-19—clearly a recipe for a bearish first quarter. In fact, following new highs set by most indexes in the first week of January, the first quarter was one long string of bad news and increased volatility. Equity markets which…
Read MoreThe Hazards of War
Oh troika, winged troika, tell me who invented you? Surely, nowhere but among a nimble nation could you have been born in a country which has taken itself in earnest and has evenly spread far and wide over half of the globe, so that once you start counting the milestones you may count on till…
Read More4Q 2021 Cornerstone Commentary
No matter how far you have gone on a wrong road, turn back Turkish Proverb The fourth quarter continued the upward trend that has been in place since the beginning of 2021. Markets rallied off the lows of September hitting multiple new highs throughout the quarter. Equity strength was broad-based with virtually all major areas…
Read More3Q 2021 Cornerstone Commentary
If you want to keep on learning you must keep on risking failure – all your life John W. Gardner We do not believe if we do not live and work according to our belief Heidi Willis The soul is dyed the color of its thoughts. Think kon those things that are in line with…
Read MoreOptions for Receiving Cryptocurrency
Many brokerage firms are not yet equipped to hold cryptocurrency on behalf of clients. To accept gifts of cryptocurrency, nonprofits may consider options such as the ones below. Please note that these options differ in which specific cryptocurrencies they accept, and it is recommended to confirm in advance that an option can accept the desired…
Read More2Q 2021 Cornerstone Commentary
Market risk tends to be poorly rewarded when market valuations are rich and interest rates are rising.” -John P. Hussman, Ph. D. Relative to Q1 of 2021, Q2 was decidedly anticlimactic! However, the positive news for investors was that the market continued to rally and did so in a decidedly undramatic fashion. Volatility declined to…
Read More1Q 2021 Cornerstone Commentary
There have been three great inventions since the beginning of time: fire, the wheel, and central banking. -Will Rogers The first quarter of 2021 witnessed a dramatic extension of the 2020 global equity rally. Led by smaller capitalization equities, virtually every sector of public equity markets moved higher during the quarter. Drama at the capitol,…
Read MoreIs GameStop a Game Changer?
The recent move in GameStop has raised eyebrows and set the social media world on fire. Like most fires, once the wind begins fanning the flames, the fire spreads and others begin to take notice! In today’s hyperconnected world, those “others” include FINRA, the SEC, stock exchanges, clearinghouses, and custodians. Of course, we wouldn’t want…
Read More4Q 2020 Cornerstone Commentary
We should never despair, our situation before has been unpromising and has changed for the better, so I trust, it will again. If new difficulties arise, we must only put forth new exertions and proportion our efforts to the exigency of the times. -George Washington Regardless of your political affiliation, the fourth quarter of 2020…
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