{"id":534,"date":"2018-11-19T12:03:09","date_gmt":"2018-11-19T12:03:09","guid":{"rendered":"http:\/\/damandco.com\/?page_id=534"},"modified":"2020-07-10T10:39:20","modified_gmt":"2020-07-10T10:39:20","slug":"blog","status":"publish","type":"page","link":"https:\/\/damandco.com\/index.php\/blog\/","title":{"rendered":"Commentary"},"content":{"rendered":"<div id=\"pl-534\"  class=\"panel-layout\" ><div id=\"pg-534-0\"  class=\"panel-grid panel-has-style\" ><div class=\"dam-about panel-row-style panel-row-style-for-534-0\" style=\"padding: 0px 0; \" data-overlay=\"true\" data-overlay-color=\"#000000\" ><div id=\"pgc-534-0-0\"  class=\"panel-grid-cell\" ><div id=\"panel-534-0-0-0\" class=\"so-panel widget widget_text panel-first-child panel-last-child\" data-index=\"0\" ><div style=\"text-align: left;\" id=\"blog-header\" data-title-color=\"#443f3f\" data-headings-color=\"#443f3f\" class=\"panel-widget-style panel-widget-style-for-534-0-0-0\" ><h3 class=\"widget-title\">Market Commentary<\/h3>\t\t\t<div class=\"textwidget\"><\/div>\n\t\t<\/div><\/div><\/div><\/div><\/div><div id=\"pg-534-1\"  class=\"panel-grid panel-has-style\" ><div class=\"main-header panel-row-style panel-row-style-for-534-1\" style=\"padding: 0px 0; \" data-overlay=\"true\" data-overlay-color=\"#000000\" ><div id=\"pgc-534-1-0\"  class=\"panel-grid-cell\" ><div id=\"panel-534-1-0-0\" class=\"so-panel widget widget_text panel-first-child panel-last-child\" data-index=\"1\" ><div style=\"text-align: left;\" data-title-color=\"#443f3f\" data-headings-color=\"#443f3f\" class=\"panel-widget-style panel-widget-style-for-534-1-0-0\" >\t\t\t<div class=\"textwidget\"><style type=\"text\/css\">\r\n\t\/**\r\n\t * Table of Contents\r\n\t *\r\n\t * 1.0 - Pagination\r\n\t * 2.0 - Social Media Icon\r\n\t * 3.0 - Default Blog Template\r\n\t * 4.0 - Classical Template\r\n\t * 5.0 - Light Breeze Template\r\n\t * 6.0 - Spektrum Template\r\n\t * 7.0 - Evolution Template\r\n\t * 8.0 - Timeline Template\r\n\t * 9.0 - News Template\r\n\t * 10.0 - Sallet Template\r\n\t * 11.0 - Media Grid Template\r\n\t * 12.0 - Crayon Slider Template\r\n\t * 13.0 - Blog-Carousel Template\r\n\t * 14.0 - Blog-Grid-Box Template\r\n\t * 15.0 - Ticker Template\r\n\t *\r\n\t *\/\r\n\t\/**\r\n\t * 1.0 - Pagination\r\n\t *\/\r\n\t.bdp-load-more a.button.bdp-load-more-btn {\r\n\t\tbackground-color: #2e93ea;\t\tcolor: #cecece;\t\tfont-size:14px;\t}\r\n\t.bd_pagination_box.wl_pagination_box .paging-navigation ul.page-numbers li a.page-numbers:hover,\r\n\t.bd_pagination_box.wl_pagination_box .paging-navigation ul.page-numbers li > span.current {\r\n\t\tbackground-color: #2e93ea;\t\tcolor: #cecece;\t\tfont-size:14px;\t}\r\n\t.bd_pagination_box.wl_pagination_box .paging-navigation ul.page-numbers li a.page-numbers {\r\n\t\tbackground-color: #cecece;\t\tcolor: #2e93ea;\t\tfont-size:14px;\t}\r\n\t.bd_pagination_box.wl_pagination_box .paging-navigation ul.page-numbers li a.page-numbers.dots {\r\n\t\tfont-size:14px !important;\t}\r\n\t\/**\r\n\t * 2.0 - Social Media Icon\r\n\t *\/    \r\n\t.blog_template .social-component a {\r\n\t\tborder-radius: 100%;\t}\r\n\t\/**\r\n\t * 3.0 - Default Blog Template\r\n\t *\/\r\n\t\t\t.bdp_blog_template.nicy .blog_header h2,\r\n\t\t.blog_template.sallet_slider h2,\r\n\t\t.blog_template.crayon_slider .blog_header h2,\r\n\t\t.glossary .blog_header h2,\r\n\t\t.bdp_blog_template .bd-blog-header h2 {        \r\n\t\t\tbackground: #ffffff\t\t}\r\n\t\t.blog_template .bd-more-tag-inline {\r\n\t\tcolor: #cecece !important;\t\tfont-size:14px;\t}\r\n\t\t\t.bdp_blog_template .blog_header h2,\r\n\t\t.bdp_blog_template .blog_header h2 a,\r\n\t\t.bdp_blog_template .bd-blog-header h2,\r\n\t\t.bdp_blog_template .bd-blog-header a,\r\n\t\t.bdp_blog_template .bd-blog-header h2 a,\r\n\t\t.bdp_blog_template .bd_ad_container h4, \r\n\t\t.blog_template .bd_ad_container h4 {\r\n\t\t\tcolor: #222222 !important;\t\t\tfont-size: 35px;\t\t\tbackground-color: #ffffff !important;\r\n\t\t}\r\n\t\t.post_content-inner p,\r\n\t.bd-post-content {\r\n\t\tcolor:#999999;\t\tfont-size:14px;\t}\r\n\t.bdp_blog_template .bd-metacats,\r\n\t.bd-tags,\r\n\tspan.bd-category-link,\r\n\t.bdp_blog_template .author,\r\n\t.bdp_blog_template .date,\r\n\t.bdp_blog_template .bd-categories,\r\n\t.bdp_blog_template.evolution .bd-categories a,\r\n\t.bdp_blog_template .bd-categories a,\r\n\t.bd-meta-data-box .bd-metacats,\r\n\t.bd-meta-data-box .bd-metacomments,\r\n\t.bd-meta-data-box .bd-metacomments span,\r\n\t.bdp_blog_template .date i, .bdp_blog_template .author i, .bdp_blog_template .comment i,\r\n\t.bd-tags a,\r\n\tspan.bd-category-link a,\r\n\t.bd-metadatabox p,\r\n\tspan .bd-link-label,\r\n\t.bdp_blog_template .blog_footer span,\r\n\t.bd-metacomments i,\r\n\t.date_wrap i,\r\n\t.bdp_blog_template a,\r\n\t.bdp_blog_template .post_content,\r\n\t.bd-categories i,\r\n\t.bdp_blog_template.spektrum .post-bottom .post-by,\r\n\t.bdp_blog_template.spektrum .post-bottom .bd-tags,\r\n\t.bd-metadatabox,\r\n\t.bdp_blog_template.news .bd-blog-header .bd-metadatabox a,\r\n\t.bdp_blog_template.news .post-content-div .post_cat_tag > span i,\r\n\t.bdp_blog_template .bd-meta-data-box .bd-metadate, .bdp_blog_template .bd-meta-data-box .bd-metauser, .bdp_blog_template .bd-meta-data-box .bd-metacats,\r\n\t.bd-meta-data-box .bd-metacats a,\r\n\t.bd-meta-data-box .bd-metacomments a,\r\n\t.bdp_blog_template.box-template .bd-tags,\r\n\t.bdp_blog_template .datetime,\r\n\t.bdp_blog_template .link-lable,\r\n\t.bdp_blog_template .post-date\r\n\t.bdp_blog_template .bd_ad_container p, .blog_template .bd_ad_container, .bdp_blog_template .post-date {\r\n\t\tfont-size:14px;\t}\r\n\t.bdp_blog_template .date,\r\n\t.bdp_blog_template .comment,\r\n\t.bdp_blog_template .author .bd-icon-author,\r\n\t.bdp_blog_template .author,\r\n\t.bdp_blog_template.news .post-content-div .post_cat_tag > span i ,\r\n\t.bdp_blog_template .post-by,\r\n\t.bdp_blog_template .bd-categories i,\r\n\t.bdp_blog_template .bd-metacats i,\r\n\t.bdp_blog_template .category-link i,\r\n\t.bdp_blog_template .bd-tags i,\r\n\t.bdp_blog_template .bd-metacomments,\r\n\t.bdp_blog_template .date_wrap i,\r\n\t.bdp_blog_template .post-date,\r\n\t.bdp_blog_template .link-lable,\r\n\t.bdp_blog_template .datetime,\r\n\t.bdp_blog_template.glossary .post-author span,\r\n\t.bdp_blog_template .post_content-inner p,\r\n\t.bdp_blog_template .post_content,\r\n\t.bdp_blog_template .tags i {\r\n\t\tcolor:#999999;\t}\r\n\t.bdp_blog_template .bd-meta-data-box {\r\n\t\tcolor:#999999;\t}\r\n\t.bdp_blog_template .bd-meta-data-box i {\r\n\t\tcolor: #222222;\t}\r\n\t\t\t.bd-metadatabox {\r\n\t\t\tcolor:#999999;\t\t}\r\n\t\t.bd-link-label {\r\n\t\tcolor:#999999;\t}\r\n\t.bdp_blog_template a.bd-more-tag {\r\n\t\tbackground-color: #2e93ea!important;\t\tcolor: #cecece!important;\t}\r\n\t\t\t.bdp_blog_template a.bd-more-tag:hover {\r\n\t\t\tbackground-color: #cecece!important;\t\t\tcolor: #2e93ea!important;\t\t}\r\n\t\t.bdp_blog_template i {\r\n\t\tfont-style: normal !important;\r\n\t}\r\n\t\t\t.bd-tags,\r\n\t\tspan.bd-category-link,\r\n\t\t.bdp_blog_template .bd-categories,\r\n\t\t.bd-meta-data-box .bd-metacats,\r\n\t\t.bd-meta-data-box .bd-metacats a,\r\n\t\t.bd-meta-data-box .bd-metacomments a,\r\n\t\t.bdp_blog_template .bd-categories a,\r\n\t\t.bd-post-content a,\r\n\t\t.bd-tags a,\r\n\t\tspan.bd-category-link a,\r\n\t\t.bdp_blog_template .tags,\r\n\t\t.bdp_blog_template a {\r\n\t\t\tcolor:#2eb9f4 !important;\r\n\t\t\tfont-weight: normal !important;\r\n\t\t}\r\n\t\t\t\t.bd-meta-data-box .bd-metacats a:hover,\r\n\t\t.bd-meta-data-box .bd-metacomments a:hover,\r\n\t\t.bdp_blog_template .bd-categories a:hover,\r\n\t\t.spektrum .post-bottom .bd-categories a:hover,\r\n\t\t.bd-post-content a:hover,\r\n\t\t.bd-tags a:hover,\r\n\t\tspan.bd-category-link a:hover,\r\n\t\t.bdp_blog_template a:hover,\r\n\t\t.bd-post-content a:hover {\r\n\t\t\tcolor:#ffffff !important;\r\n\t\t}\r\n\t\t\t\t.bdp_blog_template.evolution,\r\n\t\t.bdp_blog_template.lightbreeze {\r\n\t\t\tbackground: #ffffff;\r\n\t\t}\r\n\t\t\t\/**\r\n\t * 4.0 - Classical Template\r\n\t *\/\r\n\t.bdp_blog_template.classical .bd-blog-header .bd-tags {\r\n\t\tcolor: #2eb9f4;\t}\r\n\t\/**\r\n\t * 5.0 - Light Breeze Template\r\n\t *\/\r\n\t\/**\r\n\t * 6.0 - Spektrum Template\r\n\t *\/\r\n\t.bdp_blog_template.spektrum .bd-blog-header {\r\n\t\tbackground:#ffffff;\t}\r\n\t\t\t.spektrum .date {\r\n\t\t\tbackground-color: #222222;\r\n\t\t}\r\n\t\t\t\t.spektrum .post-bottom .bd-categories a {\r\n\t\t\tcolor: #2eb9f4;\r\n\t\t}\r\n\t\t\t\t.spektrum .details a {\r\n\t\t\tcolor :#cecece !important;\r\n\t\t\tfont-size:14px;\t\t}\r\n\t\t\t\t.spektrum .details a:hover {\r\n\t\t\tcolor :#2e93ea;\r\n\t\t}\r\n\t\t\/**\r\n\t * 7.0 - Evolution Template\r\n\t *\/\r\n\t\/**\r\n\t * 8.0 - Timeline Template\r\n\t *\/\r\n\t.timeline_bg_wrap:before {\r\n\t\tbackground: none repeat scroll 0 0 #ffffff;\r\n\t}\r\n\t.bd-datetime {\r\n\t\tbackground: none repeat scroll 0 0 #ffffff;\r\n\t}\r\n\t.bdp_blog_template.timeline .post_hentry > p > i {\r\n\t\tbackground: #ffffff;\t}\r\n\t.bdp_blog_template.timeline:nth-child(2n+1) .post_content_wrap:before,\r\n\t.bdp_blog_template.timeline:nth-child(2n+1) .post_content_wrap:after {\r\n\t\tborder-left: 8px solid #ffffff;\r\n\t}\r\n\t.rtl .bdp_blog_template.timeline:nth-child(2n+1) .post_content_wrap:before,\r\n\t.rtl .bdp_blog_template.timeline:nth-child(2n+1) .post_content_wrap:after {\r\n\t\tborder-right: 8px solid #ffffff;\r\n\t}\r\n\t.bdp_blog_template.timeline:nth-child(2n) .post_content_wrap:before,\r\n\t.bdp_blog_template.timeline:nth-child(2n) .post_content_wrap:after {\r\n\t\tborder-right: 8px solid #ffffff;\r\n\t}\r\n\t.rtl .bdp_blog_template.timeline:nth-child(2n) .post_content_wrap:before,\r\n\t.rtl .bdp_blog_template.timeline:nth-child(2n) .post_content_wrap:after {\r\n\t\tborder-left: 8px solid #ffffff;\r\n\t}\r\n\t.post_content_wrap {\r\n\t\tborder:1px solid #ffffff;\r\n\t}\r\n\t.bdp_blog_template .post_content_wrap .blog_footer {\r\n\t\tborder-top: 1px solid #ffffff ;\r\n\t}\r\n\t.bdp_blog_template .post-icon {\r\n\t\tbackground:#ffffff;\t}\r\n\t.bdp_blog_template.timeline .desc h3 a{\r\n\t\tcolor: #222222 !important;\t\tbackground:#ffffff !important;\t\tfont-size: 35px;\t}\r\n\r\n\t\/*media query*\/\r\n\t@media screen and (max-width: 991px) {\r\n\t\t.bdp_blog_template.timeline:nth-child(2n+1) .post_content_wrap:before,\r\n\t\t.bdp_blog_template.timeline:nth-child(2n+1) .post_content_wrap:after {\r\n\t\t\tborder-right: 8px solid #ffffff;\r\n\t\t}\r\n\t}\r\n\t\/**\r\n\t * 9.0 - News Template\r\n\t *\/\r\n\t\t\t.bdp_blog_template.news .bd-blog-header h2.title a{\r\n\t\t\tcolor: #222222;\t\t\tfont-size: 35px;\t\t}\r\n\t\t.blog_template.boxy-clean .blog_header h2,\r\n\t.bdp_blog_template.news .bd-blog-header h2.title{\r\n\t\tbackground: #ffffff\t}\r\n\t.bdp_blog_template.news {\r\n\t\tbackground-color: #ffffff\t}\r\n\t.bdp_blog_template.news a.bd-more-tag{\r\n\t\tfloat: right !important;\r\n\t}\r\n\t.blog_template.boxy-clean ul li:hover,\r\n\t.blog_template.boxy-clean ul li:hover .blog_header h2 {\r\n\t\tbackground: ;\r\n\t}\r\n\t.glossary .post_content-inner {\r\n\t\tborder-color: #ffffff;\t}\r\n\t.blog_template.boxy-clean .blog_wrap.bdp_blog_template .author {\r\n\t\tbackground: #ffffff;\t}\r\n\t\/** 10.0 - Sallet Template *\/\r\n\t.bdp_blog_template.sallet_slider .blog_header > div > div > div {\r\n\t\tbackground: #ffffff;\t}\r\n\t.bdp_blog_template.sallet_slider .blog_header > div > div > div::before {\r\n\t\tbackground: #ffffff none repeat scroll 0 0;\t}\r\n\t.bdp_blog_template.sallet_slider.right {\r\n\t\tbackground: #ffffff ;\t}\r\n\t.blog_template.sallet_slider .category-link a {\r\n\t\tbackground: #ffffff ;\t\tcolor: #fff !important;\r\n\t}\r\n\t\/** 11.0 - Media Grid Template *\/\r\n\t.bdp_blog_template.media-grid .blog_header h2 a {\r\n\t\tbackground: #ffffff\t}\r\n\t.bdp_blog_template.media-grid .bd-metacats {\r\n\t\tbackground: #ffffff\t}\r\n\t.bdp_blog_template.media-grid .post-meta .postdate {\r\n\t\tfont-size: 14px\t}\r\n\t\/** 12.0 - Crayon Slider Template *\/\r\n\t\t\t\/** 13.0 - Blog Carousel Template *\/\r\n\tli.blog_template.bdp_blog_template.blog_carousel {\r\n\t\tbackground: #ffffff\t}\r\n\t.blog_template.blog_carousel .blog_header {\r\n\t\t}\r\n\t\/** 14.0 - Blog-Grid-Box Template *\/\r\n\t.blog_template.blog-grid-box .bd-more-next-line a {\r\n\t\tbackground: #2e93ea;\t\tcolor: #cecece\t}\r\n\t.blog_template.blog-grid-box .post-comment a,\r\n\t.blog_template.blog-grid-box .mauthor .author a,\r\n\t.blog_template.blog-grid-box .bd-metacats a,\r\n\t.blog_template.blog-grid-box .mdate a {\r\n\t\tcolor: #2eb9f4\t}\r\n\t.blog_template.blog-grid-box .post-comment a:hover,\r\n\t.blog_template.blog-grid-box .mauthor .author a:hover,\r\n\t.blog_template.blog-grid-box .bd-metacats a:hover,\r\n\t.blog_template.blog-grid-box .mdate a:hover {\r\n\t\tcolor: #ffffff\t}\r\n\t.blog_template.blog-grid-box .post_title a {\r\n\t\tcolor: #222222;background: #ffffff;font-size: 35px\t}\r\n\t.blog_template.blog-grid-box .post_content {\r\n\t\tcolor: #999999;font-size: 14px\t}\r\n\t.blog_template.blog-grid-box {\r\n\t\tbackground: #ffffff\t}\r\n\r\n\t\/** 15.0 - Ticker Template *\/\r\n\t#blog-ticker-style-1 {\r\n\t\tborder-color: #ffffff\t}\r\n\t#blog-ticker-style-1 .ticker-title {\r\n\t\tbackground-color: #ffffff\t}\r\n\t#blog-ticker-style-1 .ticker-style-title {\r\n\t\t\t}\r\n\t#blog-ticker-style-1 .ticker-title>span {\r\n\t\tborder-color: transparent transparent transparent#ffffff\t}\r\n\t#blog-ticker-style-1 .blog-tickers a:hover {\r\n\t\tcolor: #ffffff\t}\r\n\t#blog-ticker-style-1 .blog-tickers a {\r\n\t\tcolor: #222222\t}\r\n\t.bdp_blog_template a.bd-more-tag {\r\n  background-color: #2eb9f4!important;\r\n  color: #ffffff!important;\r\n}\r\n\r\n.bdp_blog_template a.bd-more-tag:hover {\r\n  background-color: #ffffff!important;\r\n  color: #2eb9f4!important;\r\n\tborder-style: solid;\r\n  border-width: 0.5px;\r\n\tborder-color: #2eb9f4!important;\r\n}\r\n\r\n.bd_pagination_box.wl_pagination_box .paging-navigation ul.page-numbers li a.page-numbers:hover, .bd_pagination_box.wl_pagination_box .paging-navigation ul.page-numbers li &gt; span.current {\r\n  background-color: #2eb9f4;\r\n  color: #ffffff;\r\n  font-size: 14px;\r\n}\r\n\r\n.bd_pagination_box.wl_pagination_box .paging-navigation ul.page-numbers li a.page-numbers {\r\n  background-color: #ffffff;\r\n  color: #2eb9f4;\r\n  font-size: 14px;\r\n\tborder-style: solid;\r\n  border-width: 0.5px;\r\n\tborder-color: #2eb9f4!important;\r\n}\r\n\r\n.bd_pagination_box.wl_pagination_box .paging-navigation ul.page-numbers li a.page-numbers:hover, .bd_pagination_box.wl_pagination_box .paging-navigation ul.page-numbers li &gt; span.current {\r\n  background-color: #2eb9f4;\r\n  color: #ffffff;\r\n  font-size: 14px;\r\n}<\/style>\r\n<div class=\"bdp_wrapper\">\t\t<div class=\"blog_template bdp_blog_template classical\">\r\n\t\t\t\t\t\t<div class=\"bd-blog-header\">\r\n\t\t\t\t<h2><a href=\"https:\/\/damandco.com\/index.php\/2020\/04\/06\/to-infinity-and-beyond-again\/\">To Infinity&#8230; And Beyond!! (Again?)<\/a><\/h2>\r\n\t\t\t\t\t\t\t\t\t<div class=\"bd-metadatabox\"><div class=\"bd-meta-datas\" style=\"display:inline-block;\">\r\n\t\t\t\t\t\t\tPosted on April 6, 2020\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t<\/div>\r\n\t\t\t<div class=\"bd-post-content\">\r\n\t\t\t\tTo Infinity&#8230; And Beyond!! (Again?) As we write this, equity markets are ripping higher, with the SPX up nearly 5.5% on the day. The general consensus seems to be that the worst is well in the rearview mirror and the horizon has only sunshine and rainbows. The near unanimous view on this is, well&#8230; worrisome. Everyone expects and assumes that as soon as the &#8220;peak infection rate&#8221; has been achieved, things in the market will\t\t\t\t\t\t\t<\/div>\r\n\t\t\t<div class=\"bd-post-footer\">\r\n\t\t\t\t\t\t\t\t\t<div class=\"social-component\">\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t<a data-share=\"facebook\" data-href=\"https:\/\/www.facebook.com\/sharer\/sharer.php\" data-url=\"https:\/\/damandco.com\/index.php\/2020\/04\/06\/to-infinity-and-beyond-again\/\" class=\"bd-facebook-share bd-social-share\"><i class=\"fab fa-facebook-f\"><\/i><\/a>\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a data-share=\"twitter\" data-href=\"https:\/\/twitter.com\/share\" data-text=\"To Infinity&#8230; And Beyond!! (Again?)\" data-url=\"https:\/\/damandco.com\/index.php\/2020\/04\/06\/to-infinity-and-beyond-again\/\" class=\"bd-twitter-share bd-social-share\"><i class=\"fab fa-twitter\"><\/i><\/a>\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a data-share=\"linkedin\" data-href=\"https:\/\/www.linkedin.com\/shareArticle\" data-url=\"https:\/\/damandco.com\/index.php\/2020\/04\/06\/to-infinity-and-beyond-again\/\" class=\"bd-linkedin-share bd-social-share\"><i class=\"fab fa-linkedin-in\"><\/i><\/a>\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t<a class=\"bd-more-tag\" href=\"https:\/\/damandco.com\/index.php\/2020\/04\/06\/to-infinity-and-beyond-again\/\">Read More <\/a>\t\t\t<\/div><\/div>\r\n\t\t\t\t<div class=\"blog_template bdp_blog_template classical\">\r\n\t\t\t\t\t\t<div class=\"bd-blog-header\">\r\n\t\t\t\t<h2><a href=\"https:\/\/damandco.com\/index.php\/2020\/02\/27\/well-that-escalated-quickly\/\">Well That Escalated Quickly&#8230;<\/a><\/h2>\r\n\t\t\t\t\t\t\t\t\t<div class=\"bd-metadatabox\"><div class=\"bd-meta-datas\" style=\"display:inline-block;\">\r\n\t\t\t\t\t\t\tPosted on February 27, 2020\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t<\/div>\r\n\t\t\t<div class=\"bd-post-content\">\r\n\t\t\t\tWell That Escalated Quickly&#8230; It&#8217;s difficult to come up with something to say, other than &#8220;wow&#8221;. The S&amp;P closed down 135 points or -4.4% for the largest point decline in history (Figure 1). First and foremost our timing of &#8220;neutral&#8221; stance could not have been worse (it happens). So take the &#8220;do as we allocate, not as we say approach&#8221; since we have weathered the market&#8217;s recent slide very well. In fact, our YTD returns\t\t\t\t\t\t\t<\/div>\r\n\t\t\t<div class=\"bd-post-footer\">\r\n\t\t\t\t\t\t\t\t\t<div class=\"social-component\">\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t<a data-share=\"facebook\" data-href=\"https:\/\/www.facebook.com\/sharer\/sharer.php\" data-url=\"https:\/\/damandco.com\/index.php\/2020\/02\/27\/well-that-escalated-quickly\/\" class=\"bd-facebook-share bd-social-share\"><i class=\"fab fa-facebook-f\"><\/i><\/a>\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a data-share=\"twitter\" data-href=\"https:\/\/twitter.com\/share\" data-text=\"Well That Escalated Quickly&#8230;\" data-url=\"https:\/\/damandco.com\/index.php\/2020\/02\/27\/well-that-escalated-quickly\/\" class=\"bd-twitter-share bd-social-share\"><i class=\"fab fa-twitter\"><\/i><\/a>\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a data-share=\"linkedin\" data-href=\"https:\/\/www.linkedin.com\/shareArticle\" data-url=\"https:\/\/damandco.com\/index.php\/2020\/02\/27\/well-that-escalated-quickly\/\" class=\"bd-linkedin-share bd-social-share\"><i class=\"fab fa-linkedin-in\"><\/i><\/a>\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t<a class=\"bd-more-tag\" href=\"https:\/\/damandco.com\/index.php\/2020\/02\/27\/well-that-escalated-quickly\/\">Read More <\/a>\t\t\t<\/div><\/div>\r\n\t\t\t\t<div class=\"blog_template bdp_blog_template classical\">\r\n\t\t\t\t\t\t<div class=\"bd-blog-header\">\r\n\t\t\t\t<h2><a href=\"https:\/\/damandco.com\/index.php\/2020\/01\/17\/to-infinity-and-beyond\/\">To Infinity&#8230; And Beyond!!<\/a><\/h2>\r\n\t\t\t\t\t\t\t\t\t<div class=\"bd-metadatabox\"><div class=\"bd-meta-datas\" style=\"display:inline-block;\">\r\n\t\t\t\t\t\t\tPosted on January 17, 2020\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t<\/div>\r\n\t\t\t<div class=\"bd-post-content\">\r\n\t\t\t\tTo Infinity&#8230; And Beyond!! The S&amp;P 500 keeps chugging higher and higher, seemingly with no end in sight. It\u2019s been more than 72 trading days without a 1% pullback and the basket of stocks recently traded at a ratio of 2.42 price\/sales which surpassed the ultimate valuation peak of the S&amp;P 500 during the market top in 2000 (see chart below). Now, that said, these valuations, extremes, and speculative manias (see Bitcoin) can extend for\t\t\t\t\t\t\t<\/div>\r\n\t\t\t<div class=\"bd-post-footer\">\r\n\t\t\t\t\t\t\t\t\t<div class=\"social-component\">\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t<a data-share=\"facebook\" data-href=\"https:\/\/www.facebook.com\/sharer\/sharer.php\" data-url=\"https:\/\/damandco.com\/index.php\/2020\/01\/17\/to-infinity-and-beyond\/\" class=\"bd-facebook-share bd-social-share\"><i class=\"fab fa-facebook-f\"><\/i><\/a>\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a data-share=\"twitter\" data-href=\"https:\/\/twitter.com\/share\" data-text=\"To Infinity&#8230; And Beyond!!\" data-url=\"https:\/\/damandco.com\/index.php\/2020\/01\/17\/to-infinity-and-beyond\/\" class=\"bd-twitter-share bd-social-share\"><i class=\"fab fa-twitter\"><\/i><\/a>\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a data-share=\"linkedin\" data-href=\"https:\/\/www.linkedin.com\/shareArticle\" data-url=\"https:\/\/damandco.com\/index.php\/2020\/01\/17\/to-infinity-and-beyond\/\" class=\"bd-linkedin-share bd-social-share\"><i class=\"fab fa-linkedin-in\"><\/i><\/a>\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t<a class=\"bd-more-tag\" href=\"https:\/\/damandco.com\/index.php\/2020\/01\/17\/to-infinity-and-beyond\/\">Read More <\/a>\t\t\t<\/div><\/div>\r\n\t\t\t\t<div class=\"blog_template bdp_blog_template classical\">\r\n\t\t\t\t\t\t<div class=\"bd-blog-header\">\r\n\t\t\t\t<h2><a href=\"https:\/\/damandco.com\/index.php\/2019\/10\/08\/3-months-will-define-5-years\/\">3 Months Will Define 5 Years<\/a><\/h2>\r\n\t\t\t\t\t\t\t\t\t<div class=\"bd-metadatabox\"><div class=\"bd-meta-datas\" style=\"display:inline-block;\">\r\n\t\t\t\t\t\t\tPosted on October 8, 2019\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t<\/div>\r\n\t\t\t<div class=\"bd-post-content\">\r\n\t\t\t\t3 Months Will Define 5 Years Today the S&amp;P 500 closed down 45 points or -1.56% after a rather wild day with many interspersed attempts at getting back to unchanged. The last two weeks have been incredibly pivotal in markets since a bout of bad manufacturing data caused the market to sell off last week (where bad data is actually interpreted negatively), followed by a technical bounce, and a lackluster jobs report which sent stocks\t\t\t\t\t\t\t<\/div>\r\n\t\t\t<div class=\"bd-post-footer\">\r\n\t\t\t\t\t\t\t\t\t<div class=\"social-component\">\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t<a data-share=\"facebook\" data-href=\"https:\/\/www.facebook.com\/sharer\/sharer.php\" data-url=\"https:\/\/damandco.com\/index.php\/2019\/10\/08\/3-months-will-define-5-years\/\" class=\"bd-facebook-share bd-social-share\"><i class=\"fab fa-facebook-f\"><\/i><\/a>\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a data-share=\"twitter\" data-href=\"https:\/\/twitter.com\/share\" data-text=\"3 Months Will Define 5 Years\" data-url=\"https:\/\/damandco.com\/index.php\/2019\/10\/08\/3-months-will-define-5-years\/\" class=\"bd-twitter-share bd-social-share\"><i class=\"fab fa-twitter\"><\/i><\/a>\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a data-share=\"linkedin\" data-href=\"https:\/\/www.linkedin.com\/shareArticle\" data-url=\"https:\/\/damandco.com\/index.php\/2019\/10\/08\/3-months-will-define-5-years\/\" class=\"bd-linkedin-share bd-social-share\"><i class=\"fab fa-linkedin-in\"><\/i><\/a>\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t<a class=\"bd-more-tag\" href=\"https:\/\/damandco.com\/index.php\/2019\/10\/08\/3-months-will-define-5-years\/\">Read More <\/a>\t\t\t<\/div><\/div>\r\n\t\t\t\t<div class=\"blog_template bdp_blog_template classical\">\r\n\t\t\t\t\t\t<div class=\"bd-blog-header\">\r\n\t\t\t\t<h2><a href=\"https:\/\/damandco.com\/index.php\/2019\/04\/15\/the-slowing-housing-sector\/\">The Slowing Housing Sector<\/a><\/h2>\r\n\t\t\t\t\t\t\t\t\t<div class=\"bd-metadatabox\"><div class=\"bd-meta-datas\" style=\"display:inline-block;\">\r\n\t\t\t\t\t\t\tPosted on April 15, 2019\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t<\/div>\r\n\t\t\t<div class=\"bd-post-content\">\r\n\t\t\t\tThe Slowing Housing Sector The reason we chose to look at this sector of the economy is threefold: 1). It was the catalyst[1] for the previous recession and financial crisis 2). The sector is not nominally impacted by the China trade war 3). It tends to show aging\/topping before other sectors because of interest rate sensitivity We would like to emphasize the second point. There has been a lot of speculation and optimistic chatter about\t\t\t\t\t\t\t<\/div>\r\n\t\t\t<div class=\"bd-post-footer\">\r\n\t\t\t\t\t\t\t\t\t<div class=\"social-component\">\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t<a data-share=\"facebook\" data-href=\"https:\/\/www.facebook.com\/sharer\/sharer.php\" data-url=\"https:\/\/damandco.com\/index.php\/2019\/04\/15\/the-slowing-housing-sector\/\" class=\"bd-facebook-share bd-social-share\"><i class=\"fab fa-facebook-f\"><\/i><\/a>\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a data-share=\"twitter\" data-href=\"https:\/\/twitter.com\/share\" data-text=\"The Slowing Housing Sector\" data-url=\"https:\/\/damandco.com\/index.php\/2019\/04\/15\/the-slowing-housing-sector\/\" class=\"bd-twitter-share bd-social-share\"><i class=\"fab fa-twitter\"><\/i><\/a>\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a data-share=\"linkedin\" data-href=\"https:\/\/www.linkedin.com\/shareArticle\" data-url=\"https:\/\/damandco.com\/index.php\/2019\/04\/15\/the-slowing-housing-sector\/\" class=\"bd-linkedin-share bd-social-share\"><i class=\"fab fa-linkedin-in\"><\/i><\/a>\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t<a class=\"bd-more-tag\" href=\"https:\/\/damandco.com\/index.php\/2019\/04\/15\/the-slowing-housing-sector\/\">Read More <\/a>\t\t\t<\/div><\/div>\r\n\t\t<div class=\"wl_pagination_box bd_pagination_box  classical\"><nav class=\"navigation paging-navigation\" role=\"navigation\"><ul class=\"page-numbers\">\n\t<li><span aria-current=\"page\" class=\"page-numbers current\">1<\/span><\/li>\n\t<li><a class=\"page-numbers\" href=\"https:\/\/damandco.com\/index.php\/wp-json\/wp\/v2\/pages\/534\/page\/2\/\">2<\/a><\/li>\n\t<li><a class=\"next page-numbers\" href=\"https:\/\/damandco.com\/index.php\/wp-json\/wp\/v2\/pages\/534\/page\/2\/\">Next &rarr;<\/a><\/li>\n<\/ul>\n<\/nav><\/div><\/div>\n<\/div>\n\t\t<\/div><\/div><\/div><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>Market Commentary To Infinity&#8230; And Beyond!! (Again?) Posted on April 6, 2020<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"page-templates\/page_fullwidth.php","meta":{"pmpro_default_level":0,"footnotes":""},"class_list":["post-534","page","type-page","status-publish","hentry","pmpro-has-access"],"_links":{"self":[{"href":"https:\/\/damandco.com\/index.php\/wp-json\/wp\/v2\/pages\/534","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/damandco.com\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/damandco.com\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/damandco.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/damandco.com\/index.php\/wp-json\/wp\/v2\/comments?post=534"}],"version-history":[{"count":61,"href":"https:\/\/damandco.com\/index.php\/wp-json\/wp\/v2\/pages\/534\/revisions"}],"predecessor-version":[{"id":1329,"href":"https:\/\/damandco.com\/index.php\/wp-json\/wp\/v2\/pages\/534\/revisions\/1329"}],"wp:attachment":[{"href":"https:\/\/damandco.com\/index.php\/wp-json\/wp\/v2\/media?parent=534"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}