by Ross Bowler | Apr 25, 2024 | Market Commentary
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. By December 2023, reports of moderating inflation drove yields on 10Y Treasuries down toward 3.50% and...
by Ross Bowler | Mar 21, 2024 | Market Commentary
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. First, no one has been consistently successful in forecasting the pace and direction of interest rates...
by Ross Bowler | Feb 27, 2024 | Market Commentary
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. It brought to mind our only...
by Ross Bowler | Jan 24, 2024 | Market Commentary
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. Week to week we...
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...
