The Situation is Inflation Investment markets have continued their slog this year, and barring events entirely unexpected, both the stock and bond markets will post a down year in 2022. The story...
Some Relief. US stocks staged a comeback in July, rebounding from a tough first half of the year. Moderating inflation expectations and better-than-feared corporate earnings helped delivered the best...
A Challenging First Half. Financial markets struggled to their worst start to a year in decades. Accelerating inflation and rising interest rates, combined with growth fears, have fueled a...
A Challenging Time. Global equity markets saw another down month in April, but will end May about flat. It is premature to suggest we have bottomed, however. The continuing storm of high...
A Challenging Time It has been a tough year, so far, for all of us as investors. From the year’s start, the stock market has undergone a continuing selloff, and bonds have also fallen in value as...
A Down Open to the Year Market Comment The year’s opening quarter was marked by a confluence of headwinds for investment markets, and some were quite unexpected. Just as the global economy was...
Invasion. Russia’s invasion of Ukraine in late February shocked the world, and is having a significant humanitarian and geopolitical impact. Western nations are so far avoiding a direct...
The Ukraine Invasion The escalating conflict over Ukraine has come to a head, as Russian forces are pouring into that sovereign country as we write. Global stock markets opened sharply down on the...
Volatile Markets. The new year has open with a more jittery tone, and declines. Following two years of largely synchronized accommodative monetary policies, central banks from the developed world are...