by Charles Webb | Oct 17, 2023 | Market Related, Quarterly Commentary
2023 is shaping up to be a mirror image of last year. The 2022 stock market rout was principally led by four sectors: Communications (-40%), Consumer Discretionary (-38%), Technology (-29%) and Real Estate (-28%). Three of those four sectors now have a commanding...
by Charles Webb | Apr 8, 2023 | Market Related, Quarterly Commentary
Last year’s market selloff was almost entirely driven by the change in monetary policy by the Federal Reserve. Last year saw an unprecedented 7 rate increases totaling 4.25%. Those increases comprised the bulk of what the Fed needed to do to get inflation under...
by Charles Webb | Jan 17, 2023 | Quarterly Commentary
For most of the 2000’s, to varying degrees, the Federal Reserve has actively pushed interest rates down in the U.S. economy. These policies always started off as a response to some crisis at the time. Whether it be the tech bubble bursting, 9/11, the financial crisis...
by Charles Webb | Oct 14, 2022 | Quarterly Commentary
The stock market continued its decline this quarter, selling off another four percent since the end of June. As of September 30th, the S&P 500 was down 24.8% for the year. This puts stocks well into bear market territory which is defined as a 20% drop. Stocks were...
by Charles Webb | Jul 15, 2022 | Quarterly Commentary
The second quarter proved to be every bit as challenging for investors as the first quarter this year. 2022 seems to be the year when the consequences of a lot of poor policy decisions have come home to roost. Inflation and rising interest rates are the two main...
