Apr 12 minInvestor Optimism Propels Market HigherThe S&P 500 stock index is up over 25% since the end of October and, excluding the half dozen mega-caps at the top of the S&P 500, the...
Mar 53 minA Tale of Two CitiesIt was the best of times, it was the worst of times, it was the age of future rate cuts, it was the age of higher for longer, it was the...
Feb 72 min2024--Off to a Positive Start!The stock market has moved higher thus far in 2024 with investors anticipating the Fed cutting interest rates, no recession and a return...
Jan 23 minExpect the UnexpectedOne year ago, steadily climbing interest rates led 85% of economists in one poll to predict a recession in 2023. In March, Fed Chairman...
Dec 6, 20232 minA Memorable NovemberIn our September 29 letter, we noted that historically the S&P 500 Index has been quite strong in the 4th quarter in years when it was...