Quarterly Commentary

Q1 2023 Quarterly Review & Outlook

April 13, 2023

Waiting for Godot   A widely watched indicator on Wall Street did the unthinkable last year as the dreaded inverted yield curve raised its ugly head signaling a recession was on its way. In normal economic times, longer-dated treasuries yield… Read More

Q4 2022 Quarterly Review & Outlook

January 17, 2023

“It’s not whether you get knocked down, it’s whether you get up.”— Vince Lombardi   Last year proved challenging for the market as the Federal Reserve raised interest rates aggressively to counteract high inflation. Higher interest rates and the prospect… Read More

Q3 2022 Quarterly Review & Outlook

October 17, 2022

Out with TINA and In with TARA   TINA, TINA, TINA, how we loved you so.  For more years than we can count, you were the apple of our eye but, sadly, now you’re gone.  Not all is lost. Someone… Read More

Q2 2022 Quarterly Review & Outlook

July 18, 2022

“Inflation is as violent as a mugger, as frightening as an armed robber and as deadly as a hit man.” — Ronald Reagan   1980 saw the “Miracle on Ice”, the beginning of CNN, the introduction of Post-It notes, and… Read More

Q1 2022 Quarterly Review & Outlook

April 6, 2022

“The World Has a Funny Way of Not Coming to an End” — James Grant   The first quarter of 2022 began with a sizable sell off as the markets responded quite negatively to a big jump in inflation, rising… Read More