September/October 2020 Update

Dear client or friend of Vailshire Capital Management, Greetings from Colorado Springs! Current Market Conditions After a tumultuous month of September, I was hoping to sound a more optimistic note for October and the upcoming election. However, the most recent economic data–mixed with rising geopolitical tensions–has tilted my indicators more bearish. In other words, we need to expect more volatility …

Vailshire Partners Hedge Fund Client Memo: End of 3Q 2020

Dear client or friend of Vailshire Partners LP, Greetings from Colorado Springs! I hope this quarterly memo finds you well. The State of the Economy The health of the President, his administration, and the economy are at the forefront of our nation’s mind as we approach election Tuesday in early November. As uncertainty about election results and coronavirus containment/immunity persist, …

August/September 2020 Update

Dear client or friend of Vailshire Capital Management, My favorite month (August) is almost over and changes of autumn are already in the air. I hope each of you is having a wonderful summer! Current Market Conditions I will keep this month’s update relatively brief, as not much has changed from an economic/investment perspective since the end of July. The …

July/August 2020 Update

Happy August! I hope all is well with you. Current Market Conditions Not much has changed from my vantage point over the past month. The Covid-related closures and tentative re-openings continue, while US citizens are left wondering what the next several months will bring. Several stock market sectors had another solid month–boosted by Federal Reserve-induced low short-term interest rates, copious …

Vailshire Partners Hedge Fund Client Memo: End of 2Q 2020

Dear client or friend of Vailshire Partners LP, Greetings from Colorado Springs! Much has happened in the world since my last quarterly memo, so I’ll just dig right into it. The State of the Economy Unemployment numbers in the United States are still at near-record high levels, but continue to decline at a steady rate, which is encouraging. Manufacturing numbers …

June/July 2020 Update

Dear client or friend of Vailshire Capital Management, Happy Independence Day Eve! I hope your weekend is filled with camaraderie, fun, relaxation, and thankfulness for the many freedoms we still enjoy in this great country. Current Market Conditions The previously described Covid-related, high-speed economic depression has been met with an equally(?) powerful and rapid response by the US government and …

May/June 2020 Update

Dear client or friend of Vailshire Capital Management, I hope that you survived an eventful month of May, and that June will be less tumultuous for you and for our country! Let’s get right to the monthly update. Current Market Conditions Despite the massive (Depression-esque) levels of unemployment and deep recessionary drops in the manufacturing and service sectors, the stock …

April/May 2020 Update

I hope this month’s update finds you well. Other than piles upon piles of shockingly bad economic news, not much has changed in my outlook since I last wrote to you… so I will try to keep this monthly update brief. Current Market Conditions The market rallied throughout the month of April, which has led many investors to the optimistic …

Vailshire Partners LP Client Memo: 1Q2020/2Q2020

Dear client or friend of Vailshire Partners LP, Greetings from Colorado Springs! It is not an exaggeration to say that the world and the economy have changed dramatically since my last quarterly memo. The State of the Economy The coronavirus and the disease it causes, COVID-19, needs no introduction. The world’s economy was previously dancing on the precipice of a …

March/April 2020 Update

We are certainly living in interesting times. I genuinely hope all is well with you and your loved ones. Last month’s investment update was longer than normal, but hopefully you found it to be informative and helpful. If you didn’t get the chance to read it, I would recommend going back to it for reference… as many of the concerns …