The 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…

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4Q 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…

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3Q 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…

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Options 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…

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2Q 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…

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1Q 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,…

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Is 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…

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4Q 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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Election Insights

Kress Building 2

Elections often seem momentous, and the presidential election of 2020 is certainly no exception. While it could be viewed by some as merely a referendum on President Trump’s general personality, to many voters this election is about much more than Trump vs Biden.

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3Q 2020 Cornerstone Commentary

The rally continues! The market continued to rally throughout the third quarter of 2020. Despite a pullback in mid-September, the broader equity market rallied more than 8% during the quarter.

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