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Regression to Trend: S&P Composite 191% Above Trend in April
Published on May 4, 2026
The inflation-adjusted S&P Composite Index was 191% above its long-term trend at the end of April.
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A NATO ‘Divorce’ in Slow Motion – And Why It Matters for Client Portfolios
May 4, 2026
When we think about the U.S.–Europe relationship inside NATO today, it helps to picture a long marriage that is under strain. The recent tensions over Greenland are not a one‑off argument. Rather, they are part of a slow‑motion “divorce” in which both sides are re‑thinking how much they rely on each other.
Ten Nasty Financial Tricks Predators Play on Our Clients
May 4, 2026
I advise clients that people are out to separate them from their money, sometimes using the fuzzy logic above. Common sense is the best defense. Anyone who actually knew how to beat the market wouldn’t be telling everyone else how to do it — and would be at least a member of the billionaire’s club.