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
1Q23 Market Commentary
I hope everyone is enjoying the coming of Spring, the season of new beginnings. Spring brings changes in temperature, blooming flowers and trees, and longer days, but still mother nature can throw in some nasty surprises. Our heart goes out to the unfortunate families affected by the tornadoes
4Q22 Market Commentary
I hope everything is well and you are looking forward to 2023. A lot of water passed under the bridge last year and the economy and market should get back on track by year-end. During the fourth quarter of 2022, the S&P 500 Index gained 7.1%, the NASDAQ Index lost 1.0%, the Russell 2000
3Q22 Market Commentary
I hope everyone had an enjoyable summer and is enjoying the cooler fall months. There is a lot of news flowing these days and I’ve been working diligently in an effort to construct a clear view of the current financial puzzle. The difficulty is that the markets are like weather in that they are not
2Q22 Market Commentary
I hope you are having a wonderful summer and enjoying time with family and friends. The last quarter has been tough at the gas pump and for portfolios, but we have seen this before. We are not out of the woods yet, but there are clearer skies coming. During the second quarter of 2022, the
1Q22 Market Commentary
I hope everyone is well and safe. The last quarter was quite ugly with the stock markets in upheaval and an unprovoked war breaking out in Ukraine. At one point the NASDAQ index was down about 20% before it raced back in the last couple of weeks to a loss for the quarter of 9.1%. During the first
4Q21 Market Commentary
I hope everyone enjoyed the holidays and stayed healthy through the current highly contagious COVID variation, Omicron. I’m by no means a health expert, but I do read a great deal about most everything. A few ideas that I have read indicate that the Omicron variant is not as deadly as previous