Economic Insights – March 2019

Through March 1, the S&P 500 has generated a total return of 16 percent from the December 24 low while our PARE-5 strategy generated over 36 percent.  Over that period, the dominant story-line has changed from “oncoming bear market” to “strength begets strength.”  And yet, week after week, the skeptics have told us the rally was not to be trusted.  The result has been dismay.

But it hasn’t come as a surprise to the Business Briefings editors.  On the contrary we were amazed that it took so long for the bears to capitulate.  And now.....

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