Ivory’s Economic Outlook

Below is a list of our latest Newsletters. I hope you find them interesting and informative as we provide a perspective of our Economic Outlook….. Ivory’s Economic Outlook! To receive monthly updates, please use the button below to sign up for our mailing list.



THE TRUTH IS, I’VE NEVER FOOLED ANYONE. I’VE LET MEN SOMETIMES FOOL THEMSELVES? (Fall 2020 Newsletter)


My father was not the least bit concerned about COVID-19 during the early stages of the pandemic. I suppose surviving the Korean War and Jim Crow would give one a false sense of invincibility. In classic old man seen it all fashion he said he wasn’t worried about “some damn cold”. Of course, it’s not the war that kills most veterans, but rather the deadly scars of combat.

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WHO COULD BLAME ME IF I WERE IN THE BUSINESS OF PREDICTING ANIMAL BEHAVIOR AND BET A LARGE SUM OF MONEY THAT A LIMPING ZEBRA WOULD BE EATEN BY A PRIDE OF APPROACHING LIONS? (Summer 2020 Newsletter)

This is no time to place a large wager on or against hastily constructed fences or the immediate demise of a Zebra who can’t outrun his predators, not when hungry lions and the Fed both have impressive track records.

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THE CORONAVIRUS WAS THOUGHT TO BE A SPEED BUMP, AND MAYBE THAT’S WHAT IT WILL BECOME. (Winter 2020 Newsletter)

Economic growth has been weaving its way lower, snaking and hissing through indigenous rhetoric and central banking pep talks from around the globe – everybody’s on board. The engine of commerce is impervious to the gravity-stricken earnings numbers, that while beating expectations, are not improving on a rate of change basis.

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THE VICTORY IS NOT CHOOSING ONE OPTION OVER ANOTHER, BUT DOING SO BASED ON A REPEATABLE PROCESS. (Fall 2019 Newsletter)

The market, much like a man who lost his hair far earlier than he expected, isn’t quite sure what to make of it all. While 75 percent of the S&P 500 companies that have reported topped analyst expectations, a third of the companies issued lower earnings guidance.  

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