Market Commentary | September 19, 2022

by | Sep 19, 2022 | Market Commentary

It seems that in each and every one of the last five months, I’ve performed the same mantra. High inflation. Rising interest rates. Markets sell off.

We are here in September and I’m repeating myself. 8.1% YOY inflation. Interest rates are soaring. The stock and bond markets deflate.

Market Commentary | August 11, 2022

by | Aug 11, 2022 | Market Commentary

On July 28, the Bureau of Economic Analysis announced that real gross domestic product (GDP) decreased at an annual rate of 0.9 percent in the second quarter of 2022. In the first quarter, real GDP decreased by 1.6 percent. By some definitions, two consecutive quarters of decline signal that the economy is in recession.

Market Commentary | July 20, 2022

by | Jul 20, 2022 | Market Commentary

Market Commentary | July 20, 2022 Rotation I have often thought that markets function under similar operating principles to those of a Galileo thermometer. Individual floats (stocks) rise or fall relative to their specific density and the density of the surrounding...

Market Commentary | June 17, 2022

by | Jun 17, 2022 | Market Commentary

Market Commentary | June 17, 2022 Independent of the Market In the days leading up to the Bureau of Labor Statistics’ June 10th release of the May 2022 Consumer Price Index (CPI), investors crossed their fingers in hope that inflation had peaked and was beginning a...