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
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