During my eighty-seven years, I have witnessed a whole succession of technological revolutions. But none of them has done away with the need for character in the individual or the ability to think.”
As we pause to reflect on the sacrifices of so many for our great country this Memorial Day weekend, we wanted to take a moment to provide our thoughts and perspectives on the recent volatility across the capital markets landscape.
Reality is beginning to set in as Fed sanctioned risk taking is clearly coming to an end. Persistent,...
When a phrase of two words becomes famous, it’s not only apt to be truthful but powerfully accurate. “Creative destruction” was first articulated by Austrian economist Joseph Schumpter in 1942. He used the phrase to describe capitalism. It meant any innovation in the manufacturing process which increased productivity. Schumpter intended the...