Economic Outlook

Framing the Downside

March 12, 2020

Stocks are now officially in bear market territory, which means prices are down over 20% from the all-time highs just three weeks ago. In fact, at the time of this writing [...]

The Great Repricing

February 28, 2020

The spread of the novel coronavirus, officially COVID-19, in Italy and South Korea over the weekend was a wakeup call for the markets. And an ugly one. This week is shaping [...]

Crunch Time

October 29, 2019

After some relatively minor volatility over the course of the summer, stocks are once again at all-time highs. That’s the good news. The bad news is that there really [...]

Has Construction Peaked?

May 15, 2019

On March 1st, we received word from the US Census Bureau that construction spending decreased 0.9% in March compared to February. Although this was only the first sequential [...]

Top 10 for 2016

December 30, 2015

Farr, Miller & Washington is a “buy-to-hold” investment manager, which means we make each investment with the intent to hold the position for a period of 3-5 [...]