2017, The Year of Tech!

There were three trends that dominated 2017. The first was no corrections.  In a normal year we see one correction of 10% and three of 5%.  The worst we saw last year was 3%.  Nothing.  Not even a blip on the radar.  Thus the great fear everyone seems to have, when...

And the Rubber Band Stretches!

If you follow the market indexes, you get the impression that we are in a very strong market. But like all things, you need to pop the hood and look underneath to get the complete picture. What we have really had this year, and on a global basis, is a really strong...

2016, A good ol’ Rollercoaster!

In my Riggs Update of early December, I gave you my thoughts on where I see the markets going and why. This report is intended to accompany the delivery of performance reports for the accounts I manage with discretion on your behalf. So let’s start with a review of...

Trumped!

Several of you have asked me to share my thoughts about how the market is and will, react to Mr. Trumps Presidency. I had intended to wait to include those thoughts in my year end comments in January, but I guess you are going to get a preview now! The Stock Market is...

Things are a Changing!

I just reread my newsletter of January 7 2016, and the tone of this one will be the exact opposite! Things are changing! For the first time in my career, the Growth oriented accounts that I manage are roughly 50% in cash. Here is why. The correction that we...

Out with the Old, and heck, let’s continue with the Old!

Well, 2015 is done and we start the New Year with a really nice China induced sell off! Welcome 2016☺ I am about half done reviewing performance reports on the accounts I manage, and it looks like the vast majority of those, in my fully diversified growth portfolios,...