“But apart from the sanitation, the medicine, education, wine, public order, irrigation, roads, the freshwater system and public health, what have the Romans ever done for us?” Monty Python After a century of watching countries declare their independence from them, the British decided it was their turn. With a vote to leave the European Union, […]

“The house doesn’t beat the player. It just gives him the opportunity to beat himself.” Nick the Greek For this month’s commentary we are following our colleague Brian on a field trip to the casino. Being the responsible gambler that he is, Brian has predetermined that he is willing to play with $500 (high rollers, […]

“The waiting is the hardest part” Tom Petty Waiting is one of the most frustrating yet inevitable parts of life. We are all waiting for something. And when that something comes, we’ll move on to waiting for something else. It’s as certain as death and taxes, and we even wait for those. Not all waits […]

“It would be so nice if something made sense for a change.” Lewis Carroll – Alice’s Adventures in Wonderland ‘Twas a warm summer’s day in August when equities ventured down a mysterious rabbit hole and into a nonsensical world of uncertainty. Like Alice’s Adventures in Wonderland, the journey has been confusing, chaotic and at times […]

“Waves are not measured in feet or inches, they are measured in increments of fear” Buzzy Trent Warren Buffet famously quipped that ‘only when the tide goes out do you discover who’s been swimming naked’. Given that the markets of late are more like a series of mammoth waves, we thought a surfing analogy was […]