“You can't predict. You can prepare.” - Howard Marks June was a mixed month for equity investors. Large cap indexes continued their upward assent as the small-cap and mid-cap indexes retreated for the second straight month. International equities – laggards for the past decade – have at least … Read More
Monthly Stock Market Review – September 2022
“The two most powerful warriors are patience and time.” - Leo Tolstoy "Life and investing are long ball games." - Sir John Templeton Historically speaking, September is the worst month for stock market performance. The year 2022 followed the trend with really poor returns across the globe. … Read More
Monthly Stock Market Review – August 2022
“Don’t fight The Fed.” – Old Stock Market Adage August is a month that is usually not so kind to the markets. The 2022 edition was no exception with the equity markets we follow losing about half the gains picked up in July. The only exception to this is the MSCI Emerging Markets index, which … Read More
Monthly Stock Market Review – May 2022
“If you have trouble imagining a 20% loss in the stock market, you shouldn’t be in stocks.” – Jack Bogle "In investing it is never wrong to change your mind. It is only wrong to change your mind and do nothing about it." – Seth Klarman The month of May was much more interesting than the tepid … Read More
Monthly Stock Market Review – April 2022
"In a correction, other people's stocks go down, in a bear market, your stocks go down.” - Alan Abelson "Down cycles are not fun. But they form the basis for enormous future profitability.” - Steven A. Schwarzman Bad. That is the only word we have to describe the markets we follow for the month … Read More