Market Commentary | April 22, 2024
Two Sides to the Same Story
An inordinate amount of focus has been placed on which way the wind blows in relation to when the Fed will begin cutting interest rates.
Market Commentary | March 20, 2024
Rotation
A Bloomberg report out earlier this week describing that interest rates have recently risen to their highest level this year reminds us of two things.
Market Commentary | February 27, 2024
What was Old is New Again
No one would describe me as a rabid football fan and I’ve never gambled in a casino, but I somehow could not avoid getting swept up in all the hoopla leading up to Super Bowl LVIII in Las Vegas earlier this month.
Market Commentary | January 24, 2024
Present and Ready
Last Thursday and Friday CPI and PPI reports were encouraging in demonstrating that inflation is moderating, but the battle against inflation continues. Inflation is our perpetual enemy because it erodes consumer purchasing power.
Market Commentary | December 19, 2023
Market Commentary | December 19, 2023 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...Market Commentary | November 22, 2023
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.