Market Commentary

Read our latest review of the financial markets outlining opportunities, risks, and our current portfolio strategy and perspective.

4th Quarter 2023 Investment Commentary

Positives Risks and Concerns The Year in Review 2023 began with low expectations for equity market performance due to concerns over high inflation, high interest rates, and a large equity…

2nd Quarter 2023 Investment Commentary

Positives Risks and Concerns The Quarter in Review The 2nd quarter of 2023 began with a surprising rally in U.S. large capitalization growth stocks, led by investor excitement about artificial…

1st Quarter 2023 Investment Commentary

Positives Risks and Concerns The Quarter in Review The first quarter of 2023 began with a stock and bond market rally driven by a trend of declining inflation and a…

4th Quarter 2022 Investment Commentary

Positives Risks and Concerns The Year in Review High inflation and rising interest rates caused significant financial market disruptions in 2022, causing both stocks and bonds to decline more than…

3rd Quarter 2022 Investment Commentary

Positives Risks and Concerns The Quarter in Review The third quarter of 2022 continued a very difficult year, as high inflation and rising interest rates weighed heavily on both equity…

2nd Quarter 2022 Investment Commentary

Positives Risks and Concerns The Quarter in Review The second quarter continued the stock and bond market skid as markets faced difficult conditions primarily driven by inflation and rising interest…