by NovemAdmin | Jul 26, 2022 | commentary
The Markets A lot of people are worried that a recession may be in our future. Some think it may already be here. Unemployment is low (3.6 percent), and inflation is high (9.1 percent). Both tend to occur when an economy is experiencing strong growth. That makes it...
by NovemAdmin | Jul 26, 2022 | Reading List
I hope everyone had a great weekend and stayed cool in this heat! Wanted to give a big thank you to Dan Williams on his help getting this weekend reading together. He just finished up his internship at Novem and has been a great asset to the team! By Stephen Mitchell...
by NovemAdmin | Jul 19, 2022 | commentary
The Markets Nobody is happy, but Americans are feeling more optimistic. Last week, headlines blasted the new inflation numbers. Prices were up more than 9% year-over-year in June, according to the Bureau of Labor Statistic’s Consumer Price Index (CPI). When you dig...
by NovemAdmin | Jul 12, 2022 | commentary
The Markets Rising inflation is a bit like a child throwing a temper tantrum in the grocery store. The red-faced parent, in this case the U.S. Federal Reserve (Fed), tries to calm the child. Sometimes, it works and the child calms down (soft landing). Other times, the...
by NovemAdmin | Jul 11, 2022 | Reading List
I hope everyone had a great weekend! I had coffee with a friend of mine this morning. He is an analyst covering Tech & Media for a family office and he had a great quote. “I think one of the last sources of alpha is duration of ownership. By the time you see a...
