by Ross Bowler | Dec 29, 2023 | Market Commentary
Inflection Point The Federal Reserve’s December 12th press conference bore a pale resemblance to a declaration of victory in its battle against inflation and marked a pivotal point in monetary policy. Quickly ensued a parade of pundits predicting when and by how much...
by Ross Bowler | Nov 28, 2023 | Market Commentary
Pass the Dramamine In January, I will begin my 41st year as an investment advisor. That tenure should lend credence to my observation that interest rate volatility has never been more dizzying. At the end of October, as anxiety and fear of the Fed’s next move drove...
by Ross Bowler | Oct 30, 2023 | Market Commentary
Higher for Longer With the September 20th release of the Federal Reserve’s statement we learned that they would pause in their inflation fighting, interest rate hiking campaign. Market relief didn’t last long as the conversation shifted focus to rates remaining “high...
by Ross Bowler | Sep 19, 2023 | Market Commentary
Sector Rotation Over the last year or so, our exposure to residential real estate investment has been very limited. It’s not that business hasn’t been very good for apartment owners; from the start of 2021 through 2022, rents on lease renewals routinely jumped 15 to...
by Ross Bowler | Aug 29, 2023 | Market Commentary
Paths to Growth Higher interest rates have made commercial real estate prohibitively expensive. Higher interest rates have destabilized the regional banking system through the evaporation of no-cost deposits, which resulted in a raft of stricter banking regulations...
