Sorry to Get So Technical

By: Ralph C. Freibert III, Chief Investment OfficerLast week ended with the S&P 500 up almost 25% closing at 2,789.82 on Thursday, the largest weekly gain in 46 years! (1) There is no doubt that my expectation of “higher volatility” presented at our Outlook event...

The Trend is Our Friend

By: Ralph C. Freibert III, Chief Investment Officer For weeks now, I have been tracking the COVID-19 infection numbers.  I began on March 21st, and since then have waited anxiously every day for 12:00 noon when the State of Louisiana Department of Health releases its...

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,...