1/8/23 Newsletter – Beating the Inflation Nation in 2023

The First Week of 2023 is in the Books! The stock market soared Friday, capping off the first week of trading for 2023 after the latest U.S. employment result showed a decline in the number of jobs added.  That’s good news for the Federal Reserve—and investors. The Dow Jones Industrial Average jumped 701 points, or … Read more

12/25/22 Newsletter – Tech Stocks… Bah, Humbug!

What Does “Bah, Humbug!” mean? Actually? In Charles Dickens’s 1843 story A Christmas Carol, Ebenezer Scrooge exclaims “Bah! Humbug!” in reference to Christmas.  As he famously hates the holiday, it’s easy to assume that “Humbug!” is just an expression used to convey dislike for something popular.  In fact, thanks to the cultural impact of the … Read more

12/18/22 Newsletter – Did the Fed kill the Santa Claus rally?

The absence of a Santa Claus Rally on Wall Street tells us nothing about the stock market’s prospects in 2023. The U.S. stock market has done just as well following holiday seasons when there is no Santa Claus Rally as when there is. Stocks fell this week in the wake of the Fed’s 50 basis … Read more