This week, we had our first full week of market action in 2023.  And so far, we’ve been seeing a friendly market with mostly up days here as we begin the year.  Could it be a sign of things to come?  Maybe but I wouldn’t set my sights on that too soon because there is still a lot of “froth” … Read More

As we begin the new year, it’s only fitting to take a step back and reflect on what was and what is to be.  Well, we all know how 2022 played out and it was quite frankly an unprecedented year in both the equity and bond markets as both trended down pretty hard all year.  Equity losses were the highest … Read More

Happy New Year!  This week, we’ve had a bit of an up and down week in the markets as it has been trying to eke out a Santa Claus rally. One developing story that may shake things up is the news out of China about another Covid outbreak.  This is certainly not what anyone wants to hear but it is … Read More

Happy Holidays to everyone and wishing you a very Merry Christmas and a Happy Hanukkah!  The markets this week have continued to roll over and unfortunately, it does not look like we are going to have that classic Santa Claus rally.  So in terms of thinking about the holidays and trying to add some holiday cheer, let’s look at this … Read More

Happy Holidays to Everyone and I hope you are enjoying a nice, relaxing holiday season.  It seems like every day gets a little slower as we look forward to the pause Christmas, Hanukkah and New Years brings.  And with the news out of the Fed and BLS this week on inflation and rates, it seems like the market is looking … Read More

Happy Holidays to everyone out there and I hope you are all getting into the Christmas Spirit!  Speaking of which, there’s a little bit of “Bah Humbug” going on in the markets right now as concerns over the timing of a Fed pivot and possible recession are weighing on investors’ minds.  As of Wednesday’s close, all three major indices were … Read More

Welcome back from Thanksgiving and I hope you all had a nice break with your family and friends.  November 2022 is in the books and wow what a year it has been!  The market actually closed out November on a strong note with all major indices posting strong gains as Chairman Powell set the tone for optimism when he announced … Read More

Peanut butter and jelly.  Bread and butter.  Night and day.  Newton’s third law: for every action, there is an equal and opposite reaction.  And of course, Frank Sinatra’s famous song “Love and Marriage” is like a horse and carriage!  These are all themes of the classic phrase “You Can’t Have One Without The Other”.  This concept also relates to the … Read More

We’ve had a busy week in the markets this week between a crash in the crypto market with the fall of FTX, the midterm elections, and new inflation data.  And this morning we will hear on consumer sentiment from the University of Michigan.  With all the action this week and with all the ups and downs, it’s only fitting there … Read More

With the World Series going on right now between our hometown Philadelphia Phillies and the Houston Astros, it has been pretty exciting here in the Philly area, so I thought we’d keep the momentum going in this week’s note with a baseball theme related to the markets.  And with where we are right now it’s pretty good timing.  Because it … Read More