by Jenny Thompson | Oct 15, 2026 | Quarterly Commentary
A rising tide is supposed to lift all boats. But that wasn’t really the story in the markets during the third quarter. The S&P 500 rose about 2%, but the gains were far from broad-based. Meanwhile, the bond market sold off resulting in higher interest rates....
by Jenny Thompson | Sep 17, 2026 | Economic, Market Related
Could an interest rate increase lead to lower borrowing costs? It’s all about integrity. A few weeks ago, I wrote about Kevin Warsh’s new approach to the Federal Reserve in On Rates and the Fed. I ended that article by saying, “We’ll just have to watch and see.” So,...
by Jenny Thompson | Aug 10, 2026 | Economic, Market Related
I like Kevin Warsh, the newly appointed Chairman of the Federal Reserve (the Fed). I liked Jay Powell, too. They are both clearly smart. Additionally, while I don’t really know, they both seem like men of integrity. To me, this matters – a lot. Kevin Warsh is trying...
by Jenny Thompson | Jul 27, 2026 | Economic, Market Related
Artificial intelligence (AI) is everywhere. News stories discuss large language models (LLMs), hyperscalers, chipmakers, data centers, and trillion-dollar investments. It can feel like a foreign language—and many people wonder whether AI is something to embrace or...
by Jenny Thompson | Jul 15, 2026 | Economic, Quarterly Commentary
With the World Cup capturing attention this summer, it’s a good reminder that championships aren’t won in the opening minutes — or even in the first match. Likewise, successful investing isn’t determined by a single quarter. The second quarter was a welcome...
