NO RETURN TO THE 1970’s….Inflation is likely to cycle UP and DOWN over the next year. In 1980, US inflation peaked at a bit over 14%, which pushed home mortgages to 18%. Let that sink in. While you’re at it, enjoy these flashbacks from circa 1980: Studio 54 was ramping up and closing down with […]
read more
We all remember Albert Einstein’s theory of relativity, made famous by his E=mc2 equation. Interestingly, Einstein’s theory of relativity had two distinct parts: 1) the theory of special relativity, which held that the laws of physics impacted all things equally regardless of perspective, and 2) the broader theory of general relativity which indicated that those […]
read more
Good Afternoon Clients, Colleagues and Friends, This morning the World Health Organization officially declared COVID-19 a global pandemic, as the coronavirus continues to spread throughout the world and the death toll mounts. Our last Client Update issued about a week ago, focused on the fear associated with the spread of the virus, the impact that […]
read more
CORONAVIRUS UPDATE 3/2/20 Good Afternoon Clients, Colleagues and Friends, As you are no doubt aware, last week was one of the worst weeks in the stock market’s history with the S&P 500 falling -11%, representing the largest one week drop since the global financial crisis in 2008. Today, Monday, the S&P rallied approximately 4.3% by market […]
read more
RIABiz reports that Three Bell and Iconiq were some of the first to recognize Addepar as immediately valuable (once again) to alternative investment tracking. Of course, as the platform’s #2 customer (behind founder Joe Lonsdale), not really news for us. RIABiz.com, a leading online journal covering the financial advice business, recently profiled the rebuilt relationship […]
read more
