

Frank Byrd, CFA
- Nov 21, 2018
What Is Happening?
“When the collective consciousness stops believing growth can be created by money and debt expansion, the entire medium will fall apart violently, otherwise it will continue to be real.” -- Artemis Capital Management (Letter to Investors, July 2018) Happy Thanksgiving. Today I'm just thankful markets were not down again yesterday! As you relax (hopefully) over the coming days, here are a few observations to ponder . . . Observations The Fed’s balance sheet has grown 400% sin


Frank Byrd, CFA
- Nov 20, 2018
Welcome Our New Partner Steve Korn
It is with great pride and excitement that I announce Stephen Korn is joining Fielder as a Partner. Steve and I met 20 years ago as students