Every year, right before January 1, there are a flurry of economic predictions for the coming year, published by the large investment banks and brokerage firms. These confident forecasts make it seem easy for people who are smart enough,...
Remember that nice little rally from mid-June until somewhere around mid-August, when the market returns seemed to be moving us out of bear market territory? We don't either; that little upturn seems like a long time ago.
Dear Clients, We have to stop meeting like this, but I’m writing with a brief update on the continuing volatility in the financial markets. The markets appear to be reacting to the Fed’s latest 0.75% interest rate hike as...
At its March 15–16 Federal Open Market Committee (FOMC) meeting, the U.S. Federal Reserve raised its federal target funds rate by a quarter point. It was the first increase since December 2018, but it wasn’t a huge surprise. Fed...