August 1st, 2019
June 30, 2019 “The conventional view serves to protect us from the painful job of thinking.” John Kenneth Galbraith The second quarter of 2019 followed two quarters of significant volatility. The decisive decline in equity markets during the fourth quarter of 2018 in our opinion was the result of a Fed misstep as well as […]
Read more > April 29th, 2019
March 31, 2019 “We always live in an uncertain world. What is certain is that the U.S. will go forward over time.” Warren Buffett Robust results were recorded in the first quarter by equity markets following a very difficult fourth quarter. (Our clients enjoyed meaningful gains in all of our equity strategies in the first […]
Read more > February 14th, 2019
Following the sharp decline in the equity markets to close 2018, investors have concern about the outlook for 2019. On February 7, 2019, members of the First Long Island Investors Investment Committee held a web seminar where they shared with clients and business colleagues our perspective on the markets, domestic and global economy and when […]
Read more > January 31st, 2019
December 31, 2018 “Patience can be bitter, but its fruit is sweet.” -Aristotle The fourth quarter witnessed a significant downturn for equity markets as well as a decline in energy prices. These downturns were in contrast to strong corporate earnings growth, estimated GDP growth of 2.7% and continued high demand for oil. The equity market […]
Read more > January 10th, 2019
2019 and Beyond “Patience can be bitter, but its fruit is sweet.” – Aristotle As we focus on the outlook and issues confronting us as long-term investors, it is appropriate to first say thank you. We at FLI have just celebrated our 35th anniversary in representing you, our clients, some of whom have been with […]
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