In our previous commentary we assessed the 2015 economy in the context of both long-term positive underpinnings and short-term challenges. Since then, we have traveled to Florida, Washington, London, Paris, and Munich attending conferences focusing on monetary policy and the consumer industry. Attending these conferences,...

March of 2015 marks the sixth year of the most hated bull market in American history. Our nation’s media, as well as the fear-mongering market-timers who sold at inopportune 2009 levels, have chosen to repetitively focus on the negatives, even amongst increasingly positive developments. Although...