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"The word impossible is in the dictionary of fools. If you have the courage,
you can do anything."

- Inder Sidhu

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2016 Election, Reading The Tea Leaves

by Catherine Trinder Miller, November 11, 2016

This week has been full of surprises. Alas, surprises are a fact of life. We should come to expect them. As the pollsters who predicted the outcome of this week's Presidential election have proven once again, forecasts are unreliable. We should expect the unexpected and prepare accordingly. Read more »

Second Quarter 2016: Reflections

by Catherine Trinder Miller, July 8, 2016

A relatively calm quarter at the start finished with a bang induced by the UK's vote to exit the European Union ("Brexit"). Ironically, at least in the short term, the result of Brexit has been surprisingly positive. The most likely outcome of greater uncertainty is lower interest rates for longer, which is supportive of risk asset prices. Read more »

A Big Problem for a Small Country

by Catherine Trinder Miller, June 24, 2016

The rise of populism is upon us. While voters appear willing to trade with their neighbors, they increasingly want to control their borders and their destiny. This chapter of the story is far from over. Financial markets are confronted with new challenges in discounting changes in governance. Read more »

Good Outcomes Follow Good Process

by Catherine Trinder Miller, February 16, 2016

As price movements in US and global financial markets become increasingly disconnected from fundamentals, emotions are taking hold.  In these environments, in particular, the benefits of a diversified and disciplined investment process become clear. Read more »

Be Prepared

by Catherine Trinder Miller, January 8, 2016

Market corrections are healthy, and investors with a diversified portfolio, properly positioned to help meet their specific needs and goals, should not fear market volatility. It is to be expected, and resets asset prices to more reasonable levels.  This can be viewed as opportunity, rather than fear for a long term investor. Read more »

“Anything is possible, and the unexpected is inevitable. Proceed accordingly.”

by Catherine Trinder Miller, September 1, 2015

There is no way to predict how the market will react to the Federal Reserve’s decision to increase interest rates. The key is to have a portfolio strategy aligned with your actual goals, then to manage emotions, understanding that financial markets can be volatile, and volatility does not necessarily equal risk. Read more »