2023 was a year that defied expectations. With inflation roaring and the Fed enacting the fastest rate hike cycle in 40 years, the general consensus...
Third Quarter 2023 Market Overview
2023 has seen robust returns in the first half of the year, with a significant pullback in the third quarter. In the second quarter letter, we...
Why Bonds Now?
We are approaching the end of the third quarter, and it has been eventful and somewhat confusing for everyone. It would be easy to get lost in the...
Second Quarter 2023 Market Overview
Despite lingering concerns around stubbornly high inflation, slowing global growth, and regional bank failures, equity markets continued their rally...
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...
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...
Third Quarter 2022 Market Overview
After a promising July and August that saw inflation come down from its June high of 9.1%, investors may have been feeling optimistic about how this...
Second Quarter 2022 Market Overview
A modest recovery in March may have given some investors optimism that the worst was over and that a quick recovery (as we experienced in 2020) was...
First Quarter 2022 Market Overview
This was a tough quarter. After experiencing excellent returns in equities and little change in bonds in 2021, we watched equities and bonds across...
Fourth Quarter 2021 Market Overview
2021 ultimately saw another good year for the markets, even if there were some bumps in the road. In the first half of the year, reopening...