2024 1st Quarter Investment Commentary

The S&P 500 TR Index continued its strong momentum and reached new all-time highs. Momentum often creates momentum, which leaves us optimistic about stocks currently. However, a near-term pullback wouldn’t surprise us. The U.S. economy continued to grow due to a strong labor market, healthy consumer balance sheets, and robust services activity. Due to an…

Read More

2023 4th Quarter Investment Commentary

 Stocks ended the year on a nine-week winning streak, as the S&P 500 TR Index erased all the losses in 2022 reaching new all-time highs during the quarter. The year-end rally in stocks was one of the strongest ever and was based on the expectations of a Fed policy rate change and expectations of…

Read More

2023 3rd Quarter Investment Commentary

 After a strong first half, stocks, as measured by the S&P 500 TR, pulled back during a historically weak third quarter. Economic data continued to be stronger than expected and even showed signs of accelerating. This, amongst other factors, caused long term bond yields to increase significantly during the quarter. We ended the quarter…

Read More