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...
Welcome to the second half of 2022. It’s been a very ”fascinating” ride, hasn’t it? Stocks fell for another straight quarter, with the MSCI All Country World IMI Index dropping nearly 16% and major indices entering bear market territory...
