“Tariffs are a tax on business that get eaten by the consumer.” – Cullen Roche, Pragmatic Capitalism We won’t pretend the headline risk of tariff…
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Global Markets are Telling a Different Tariff Story
Global Markets are Telling a Different Tariff Story
“Tariffs are a tax on business that get eaten by the consumer.” – Cullen Roche, Pragmatic Capitalism We won’t pretend the headline risk of tariff talk doesn’t impact markets. That would be foolish. February 1, 2025 - Initial Tariff Imposition:...
read moreFully Invested, Light on Cash
“My most important discovery—a finding that changed the course of my career—is that the future is far less predictable than most investors think. The best…
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Pure Portfolios’ February 2025 Market Commentary
In Pure Portfolios’ February 2025 Commentary, Chief Investment Officer, Nik Schuurmans covers headline risk, AI trade fatigue, seasonality, corporate credit spreads, and volatility. Watch the…
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Myth Busting: What the Government Cannot Do
“Stories are always more powerful than statistics.” – Morgan Housel, Same as Ever There’s lots of wild theories rolling around about what the federal government…
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Err on the Side
“Most people make their investment decisions on the basis of an unreliable hodgepodge of half-baked logic, biases, hunches, emotion, and vague fantasies or fears about…
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Pure Portfolios’ January 2025 Market Commentary
In Pure Portfolios’ January 2025 Commentary, Chief Investment Officer, Nik Schuurmans covers the illusion of diversification, the Deep Seek disruption, Nvidia’s massive selloff, and the…
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No One Learns Anything in a Bull Market
“Mistakes present a choice: whether to update your ideas, or ignore the failures they’ve produced and keep believing what you’ve always believed.” – Shane Parrish,…
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Don’t Believe Everything You Hear on Tariffs
“Everybody talks about tariffs as the first thing. Tariffs are the last thing. Tariffs are part of the negotiation. The real trick is going to…
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Will Outsized U.S. Stock Returns Continue?
“When something is on the pedestal of popularity, the risk of a decline is high. When people assume — and price in — an expectation…
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