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On Wednesday, August 14th broad stock market indices experienced a roughly 3% drop across the board – the worst day of 2019. Stocks sold off immediately at the opening bell and continued to worsen throughout the day. The reason: a growing sense of…
Just nine to twelve short months ago, interest rates were steadily climbing off the mat toward 3% and the path forward was on cruise control.  The primary debate among informed market observers seemed to focus on whether 2019 would see three or four…
After sprinting to a 25% advance from the late December 2018 lows to a new high of 2945 on the S&P in early May, led again by the tech/growth complex, the market faded by ~5% in May.  The culprit was a rapid escalation in trade tensions…
What a wild few months it’s been.  Long gone are the calm, smooth waters of 2017.  2018 ended with a bang – or a crash!   The dip in October as more rate hikes were foreshadowed was followed by a midterm election induced rally in November.  Then the…