Models Are No Better Than Weather Forecasts

By: Ralph C. Freibert III, Chief Investment OfficerTo say, “This is a very fluid environment”, would be a tremendous understatement. However, to go on to state, “This is will be worse than 2008” would be an equal overstatement. The reality is, we do not have any...

Models Are Not Predictions, But They Offer Guidance

By: Ralph C. Freibert III, Chief Investment OfficerAs a part of my research related to this unprecedented worldwide event, I have been reviewing information from our research firm and investment product vendors. This effort is designed to gain a view of the consensus...

This Too, Shall Pass

By: Ralph C. Freibert III, Chief Investment OfficerLet’s simply admit this pandemic is worse than expected. That is not to say it is the end of the world. As a New Orleanian, I remember the day after Katrina when we recognized the hurricane had not destroyed the city,...

Making Sense of the Market

By: Ralph C. Freibert III, Chief Investment OfficerThe title above seems silly at first.  How can you make sense of this market?  But, when you think about the current actions taking place, market reaction makes perfect sense.  Let’s review some of the key points...

A Bear Market is Upon Us

By: Andrew B. Noto, Investment Advisor RepresentativeThe panicked selling in the United States equity markets continued Wednesday as one of the major U.S. indices, the Dow Jones Industrial Average (DJIA), reached bear market territory as fears of the coronavirus...