The Federal Reserve has announced the expected half percentage point increase in its benchmark lending rate.  The increase was the biggest bump since 2000.  But that only brings the interest rate to .75%.  Compare that to an inflation rate near 10%.  The Federal Reserve is indicating a greater interest in protecting the stock market than.. read more →

Ouch! First quarter 2022 is going to leave a mark.  The 5th worst start to the year since 1929.  So, what caused the pullback across the major market indices? I will say Covid because it was still hanging around. But the real culprits were the worst inflation in 40 years, rising interest rates that reflected.. read more →

This commentary is meant to be a reflection on the past quarter and expectations for the coming quarter and year.  But in thinking back on the past year I am reflecting on the sudden loss of a very good friend and client.   There was also good news just received that a client was winning her.. read more →

 The market faced the start of the third quarter with high expectations and ended with a flip from growth to value.  The good news that drove the market through the first half of 2021 simply stopped coming, replaced by concern over the $3.5 trillion dollar tax and spend plan the democrats proposed, supply chain issues,.. read more →

The 2nd quarter market performance reflected a mixed bag of investor concerns.  Most US states reopened as covid vaccinations were made available across all age groups.  While the push was still on to vaccinate more of the US population a far fewer number of vaccinations were being administered everywhere else in the world.  The appearance.. read more →