March 2023 Market Commentary

THE WAR AGAINST INFLATION HITS A SPEED BUMP Six weeks ago we wrote in the January mid-month commentary that the Fed was winning the war against inflation.  If we look at their progress since last year’s peak inflation that is still true.  But January hit a snag. ...

February 2023 Market Commentary

An old adage on Wall Street is “don’t fight the Fed.”   Another one is “don’t fight the tape.”  The second rule seems to be a winning out in January.  Bulls and bears can argue about fundamentals (they always do) but both would agree that market technicals are turning...

October 2022 Market Commentary

  Here is our annual Q and A of questions most asked by clients: Q             When will the bear market in stocks end? A             It will be hard to know precisely when the bear market ends.  Unfortunately, they don’t ring a bell when the coast is clear. A...