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The "Our Blog" section of this site is a historical catalogue of our personally written weekly client emails. Clients might find this database to be a useful reference, while visitors and potential clients might like to review the consistency and depth of our general messaging. Weekly updates from December 2018 forward to present day are currently available. Older vintages will be added as we're able.
A position in Visa was added at $181/share. Many other names are on my watch list. But with surging Covid-19 caseloads and the real possibility of a contested election next week, it's no time to be a hero. Additions will continue to be incremental.
Europe is approximately 2 to 4 weeks ahead of the U.S. in its own resurgent wave of Covid-19. While current U.S. economic data remains robust, European PMI data has re-entered contractionary territory. Also, thoughts on the upcoming U.S. election.
With new daily highs being reported in many regions of the developed world. Since the weather is only now taking a true turn for the worse, this does not bode well for the weeks and months ahead.
… with the takeaway message being that portfolios maintain a near-neutral equity weighting.
2020 has been a year of drama. This foreseeable "bombshell" development just adds to the mix. But how this plays out is very uncertain with a number of legitimate scenarios possible.