by Ross Bowler | Jun 21, 2023 | Market Commentary
Over the last year and a half of this hyper-inflationary environment, we’ve joined the legions of other investors in ritualistically awaiting the monthly release of fresh Consumer Price Index (CPI) and Producer Price Index (PPI) reports. Most of the time these reports are followed by the minutes of the Federal Open Market Committee (FOMC) and their decision on the direction of interest rates.
by Ross Bowler | May 22, 2023 | Market Commentary
Market Commentary | May 19, 2023 Old Currency is New Again History has a tendency to repeat itself and, at times, it can be a long, frustrating process. On May 3rd, the Federal Reserve raised rates for a 10th time bringing the target rate back to the highest level it...
by Ross Bowler | Apr 18, 2023 | Market Commentary
Market Commentary | April 17, 2023 Purgatory at the Point of Inflection About a year ago, in our search for yield that was safe in a rising rate, inflationary environment, we identified a multi-billion-dollar pool of fixed-to-floating rate preferreds we could buy at...
by Dane Bowler | Mar 24, 2023 | Market Commentary
You have likely heard about last week’s sudden implosion of Silicon Valley Bank (SVB). We want to share our insights into what is happening and most importantly, what it may mean for you.
by Ross Bowler | Feb 22, 2023 | Market Commentary
Before we started our seemingly endless commentary on runaway inflation we talked a lot about our search for growth. We wanted to find growth within the pandemic.
by Ross Bowler | Jan 13, 2023 | Market Commentary
Market Commentary | January 12, 2023 The World Repriced Investors have removed their rose-colored glasses and now perceive the world through a glass, darkly. The overarching optimism that opened 2022 is all but gone. In 2022, the S&P 500 delivered a negative 18.1%...
