May 5th 2023 Securities Market Commentary

Summary The Federal Reserve raised interest rates for the 10th time in a row, making them the highest in over 15 years. This caused the stock market to drop for four consecutive days. The market is worried about the impact on banks and the overall economy. Inflation...
Q3 2022 Securities Markets Commentary

Q3 2022 Securities Markets Commentary

We are in the fourth month of the 2022 bear market as measured from when the S&P 500 first fell -20% from its peak. The initial cause of the bear market, rising interest rates, has not gone away. In fact, rates are going to have to keep climbing in order for the...