Uncertainties around inflation, Fed tightening, and the resilience of the U.S. economy grew more worrisome in the second quarter, sparking a broad-based selloff in stocks and bonds. Coupled with the declines of the first quarter, all major indices have spilled over into bear market territory....

We are very pleased to announce the addition of two new professionals to our firm. MeLissa Trujillo joins us in a new role of Senior Portfolio Administrator. As an administrative member of the Investment Team, MeLissa supports our trading process, working closely with our full-time trader,...

We try not to overdo these special market notes, but the recent volatility and weakness in the market is clearly deserving of an update. Our intent is to provide some context to what is going on and share a few thoughts on how we all...

The gradual transition of the financial backdrop back to pre-pandemic conditions encountered new challenges in the first quarter, unnerving both stock and bond investors. At stake is an economy looking to maintain its upward trajectory, having already managed through multiple COVID waves, surprisingly tight labor...

Summary Market volatility has remained very high since our recent update in late January. We have seen additional evidence regarding the persistence of inflation and now the unfortunate incursion by Russia into Ukraine. We don’t try to sugar-coat the times when stock prices are in turmoil,...

We thought we would pass along a few thoughts about the heightened volatility in the equity market.  We don’t want to attach too much significance to the first 3 ½ weeks of the year (now officially the worst start ever) but we think it is...

From a broad perspective, the world moved closer to normal over the past year. At the same time, there was very little about this year that seemed normal. Such is the process of putting the pieces back together, knowing the outcome won’t necessarily look like...

Seven consecutive months of positive returns came to an abrupt end in September, erasing gains for the quarter for most broad-based equity indices.  This turn of fortune was accompanied by a mix of new and old developments that for now have turned investors more cautious. ...

Most broad equity market benchmarks finished the quarter at or near all-time highs. The strong gains in the quarter reflected a combination of near ideal underlying fundamentals, ranging from company-specific earnings and revenue trends to broad macro support from what have become the usual suspects...