Market Updates

Markets opened this morning absorbing the geopolitical shock of the U.S. and Israel launching extensive aerial strikes on Iran overnight on Saturday, February 28th.  This action represented a major escalation in longstanding Middle East tensions and immediately heightened global risk awareness. Volatility spiked across... Read More →

Market Outlook Summary Introduction Over the last few years, we have pushed back on the risk-off mindset that often enters investors’ psyche after strong market performance.  We proposed that the broader backdrop favors long-term investors committed to a strategy of staying invested and being... Read More →

2025 Market Recap Summary 4th Quarter 2025 Market Recap In the fourth quarter, equities navigated a prolonged government shutdown, a softening labor market, and ongoing concerns around valuation, sustainability, and return on investment within the AI-driven technology sectors.  The S&P 500 returned +2.7% during... Read More →

Market Review Summary Equity Markets 3rd Quarter Review The S&P 500 rose +8.1% during the 3rd quarter.  Risk assets rallied alongside the familiar tailwind of AI-infrastructure enthusiasm and falling rates.  The Dow Jones Industrial Average returned +5.67% for the quarter and is up +10.47%... Read More →

The Federal Reserve cut interest rates by 0.25% yesterday, bringing the target range on the Fed Funds Rate to 4.00% -4.25%.  This was the first policy action since December of last year and comes amidst a challenging backdrop for central bankers highlighted by shifting... Read More →

2 weeks ago, John Nagle published a great piece addressing concerns with investing in a stock market trading @ all-time highs. As presented, evidence doesn’t justify serious consternation and history actually indicates entering markets at prior peaks portends positivity! (1, 3 & 5 years... Read More →

Investing Near ATHs The S&P 500 has captured a series of new all-time highs in 2025, closing at record levels on 18 trading days so far this year, including a flurry of highs this month.1  Yet despite the positive headlines, investor reactions tend to... Read More →

Federal Reserve Summary and Outlook As expected, the Federal Reserve held interest rates steady this week, keeping the Fed Funds Target Range at 4.25% to 4.50% for the fifth consecutive meeting.  The decision comes amidst a complex set of economic conditions that has divided... Read More →