May’s jobs report continued to point to a strong labor market that is continuing to heal from the pandemic. A total of 390,000 jobs were added...
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April Market Recap
Real Gross Domestic Product (GDP), which is the broadest measure of overall economic growth, declined by 1.4% at an annual rate in the first...
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What is loss trading?
In a recent devotional I read, the writer started with, “Life is a series of battles and blessings, battles and blessings, battles and...
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2022 – 1st Quarter Letter – Really Like
The latest P&A quarterly letter to clients is available in PDF form. You can download it here. Topics include defining time and patience in...
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March Market Recap
While the list of concerns facing the economy and the markets remains long (Russia’s invasion of Ukraine, high oil prices, surging food prices,...
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February Market Recap
The most significant issue impacting markets as the month of February ended was the Russian invasion of neighboring Ukraine. After declaring...
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