How 2017 Was A Lot Like 2000

One theme of our work this year has been the decline in sector correlations among the 11 industry groups in the S&P 500. This trend is, in many ways, more significant …

CA Legal Retail Cannabis Sales: What to Know

Dispensaries in California can finally start selling recreational cannabis on January 1st after voters passed Proposition 64 in November 2016. Even though some other states already allow legal retail cannabis (like Colorado and …

Last Minute (Male) Holiday Shopping Trends

Ask any retailer about the Holiday season, and they will tell you their success comes down to just 2 weekends. The first is Black Friday through Cyber Monday. The second is the final weekend …

S&P +20% This Year; What’s Next?

The S&P 500 will most likely end the year at least 20% higher than where it started. Sounds like an outsized return, no? We pulled the performance data for the index …

Bitcoin is the New Kardashian

We’re doing our best to make sure we don’t flood you with bitcoin/crypto information because there are plenty of other issues with broad appeal. That’s hard, though, when the topic dominates …

S&P 500 Recessionary Earnings Power

What if the global economy entered a recession in the first half of 2018? Very few analysts expect such an outcome, but that alone makes it a question worth pondering. How …