“If it's obvious, it's obviously wrong.” - Joe Granville September was a month of suffering for most of the financial indexes we follow. For the equity indexes, both US and international indexes posted negative returns for the month, with the US small cap and emerging markets indexes turning …  Read More
Financial Market Outlook
Stock Market Commentary– September 2023
"Stay humble or the market will do it for you." - Todd Harrison After a number of solid months for the financial markets, August turned into a reality check for the most bullish market participants. Every index we follow here, with the exception of the US Dollar index, posted losses for the …  Read More
Stock Market Commentary – August
"All of life is the management of risk, not its elimination." - Walter Wriston We apologize if you have heard this story from us before, but July was another good month for investors. Stock market indices continued their quiet rise, both domestically and overseas, as all the major indices we …  Read More
Stock Market Commentary– July 2023
“Optimism often sounds like a sales pitch; pessimism sounds like someone trying to help you.” - Morgan Housel June, historically a flat month for the stock market, was good for equity investors. All of the US indexes we follow were positive for the month, with the Dow Industrials, the S&P400 …  Read More
Stock Market Commentary– June 2023
“The two most powerful warriors are patience and time.” - Leo Tolstoy After a solid start to the year the stock market hit the wall in the month of May. With the exception of the S&P500, all the major market indexes we follow posted negative returns for the month. The relative strength of the …  Read More
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