I hope you are enjoying the changing of the seasons and more sunlight. Sunny skies are coming. During the first quarter of 2024, the NASDAQ Index lost 10.4%, the Russell 2000 Growth Index lost 11.2%, the S&P 500 Index lost 4.6%, and the iShares Barclays 7-10 yr. Treasury Bond ETF (IEF) gained
4Q24 Market Commentary
I hope you are enjoying the new year and want to bless all those in Southern California affected by the disastrous fires. My wife, daughter, and I happened to be close by when the fire started. We were visiting and staying with a dear client of almost 40 years and became quite concerned about the
3Q24 Market Commentary
Due to the November general election, the next couple of months are going to be contentious anduncertain. The uncertainty may cause corporate America to delay making material decisions sincethe two major political parties have stark differences in handling matters. After the election, someclarity
2Q24 Market Commentary
Earlier this year, I described many points which investors faced and last quarter that there may be weakness in the market. Significant points were: Currently, these points have been somewhat muted for the moment which may have prompted some of the over $5 trillion in money market funds to
1Q24 Market Commentary
At the beginning of the year, investors were on the edge of their seats in anticipation aboutlearning when the Fed may move to cut interest rates. Not much has changed with that and we stilldo not know when a rate cut may happen. What has changed is that the economic figures have beenpersistently
4Q23 Market Commentary
At the beginning of the fourth quarter investors were nervous about the economy. Late in September, billionaire investor Ray Dalio expressed that he was closely watching the “risky” U.S. fiscal situation. “We’re going to have a debt crisis in this country,” the founder of hedge fund Bridgewater
3Q23 Market Commentary
During the Third quarter of 2023, the S&P 500 Index lost 3.6%, the NASDAQ Index lost 4.1%, the Russell 2000 Growth Index lost 7.5%, and the iShares Barclays 7-10 yr. Treasury Bond ETF (IEF) lost 5.2%.1 The recent decline in the stock market coincided with normal seasonal trends and was
2Q23 Market Commentary
We hope you are having a wonderful summer and enjoying time with family and friends. The second quarter began with fears of contagion from multiple high-profile regional banks suddenly collapsing, continued inflation, and the probability of a recession. These fears still exist, but investor