Market Update

EquitiesStocks had a great week. The market seemed to like Powell’s acknowledgement of the possibility of a recession, if only because it might mean less aggressive rate increases in the future. The market seems to be interpreting recent signs of slowing growth as a reason for the Fed to potentially be less aggressive. The thinking really seems to be that we …

Market Update

Bonds and the DollarMay was the first time in 10 months that corporate bonds had a positive return. Previously, higher inflation led to belief in a more aggressive Fed and that resulted in higher yields (lower bond prices). In May, investors seemed to decide that investment grade bonds offered good value. On Friday, the dollar rose. This was the result …

When Will The Bear Market End?

A quote by the celebrated fund manager Sir John Templeton states, “Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria.” Investors are anxious right now, and it’s understandable.2022 – An Uncommon YearNow, rattled by Russia and China, battling rising costs and a potential recession, one must ask: When will the bear market end? While there …