Time to Ride! As you probably heard, Nvidia has had quite a run this year, as AI has suddenly become the Big Thing. Nvidia recently closed with a...
2023 Q2 Quarter-End Market Update: The Magnificent Seven
read more
2023 Q2 Mid-Quarter Market Update – Climbing Towards an AI World
“It’s The Climb” -- Miley Cyrus Miley Cyrus was probably not considering the stock market in her hit song, but the old adage that markets ‘climb a...
RIP First Republic Bank
Since Silicon Valley Bank (SVB) went under, we have been waiting for the other shoe to drop (not counting Signature Bank as a shoe). And drop it...
The Mona Lisa Economy
If you’ve been confused by recent news and data on the economy and markets, you’re not alone. A recent article in the Economist[1] had an...
First Quarter 2023 Market Overview
Despite market volatility in February and much of March, all major indices were positive in the first quarter, continuing the rally that began in...
2023 Q1 Quarter-End Market Update: Where Do We Go from Here?
A lot going on these days, to say the very least. There is an old saying that when the Fed tightens, it does so until something breaks. Well, this...
UBS Buys Credit Suisse
Key points Continuing stress in the banking industry culminated Sunday in the acquisition of Credit Suisse by United Bank of Switzerland (UBS). The...
Silicon Valley Bank
Key points The failure of Silicon Valley Bank (SVB) was a classic bank run that exposed a failure of risk management. Long duration bonds in the...
2023 Q1 Mid-Quarter Market Update – A Good Start to 2023: Can it Last?
Let’s Ask ChatGPT Has Goldilocks come to the rescue? The favorite fairy tale of investors is no doubt the story of Goldilocks who kept looking for...
Fourth Quarter 2022 Market Overview
After an exuberant 2021 that saw widespread Covid-19 vaccine distribution and some return to normalcy, 2022 was mired by a series of challenges and...