Blog2023-04-10T17:20:48+00:00

Blogs

Market Commentary – July 2023 Update: The Ocean Called

Key Takeaways • Seven (7) stocks, fueled by AI mania, account for all the market’s return in 2023. • Employment and economic growth remain resilient, but so does inflation. • With everyone piled onto the same side of the ship, we look for opportunities elsewhere.

July 10th, 2023|

June Update: Embracing “The Story” by Brandi Carlile

Key Takeaways • The second largest bank failure in U.S. history was not enough to take stock indexes lower in April. • A smaller and smaller cohort of megacap stocks continues to account for almost all of the market’s returns. • Current expectations for the paths of earnings and interest rates are almost certainly mutually exclusive yet serve as the foundation on which index investors are relying.

June 9th, 2023|

Market Commentary – The First Republic May 2023

Key Takeaways • The second largest bank failure in U.S. history was not enough to take stock indexes lower in April. • A smaller and smaller cohort of megacap stocks continues to account for almost all of the market’s returns. • Current expectations for the paths of earnings and interest rates are almost certainly mutually exclusive yet serve as the foundation on which index investors are relying.

May 5th, 2023|

Market Commentary – Waterloo April 2023

Key Takeaways • Not even a banking panic could keep the S&P 500 from posting gains for March and Q1. • Renewed hopes for a Fed pivot sent investors flocking to the perceived safety of megacap tech stocks, with the NASDAQ triumphantly entering an official bull market. • However, just as Napoleon’s return from exile was short-lived, we believe the euphoria of a new bull market will be fleeting, though opportunities will be found in less conventional parts of the market.

April 10th, 2023|

READY TO TALK?

Let us know how we can help and a member of our team will help get you started.

  • This field is for validation purposes and should be left unchanged.