The first quarter generated plenty of news and market fluctuations. We saw some of the worst losses as well as the biggest gains since 2020. Long-term bond yields jumped nearly 1% and the Federal Reserve finally decided it was time to pull back their COVID stimulus. Sentiment plummeted in the
The stock market is back to its highest levels since early February. 10-year bond yields have climbed 1% since the start of the year and are at the highest level since early 2019. Last week we asked who was right – stock or bond traders. The stock market believes the Fed
Buying the dip has once again worked (for now). This has invigorated stock investors as we've seen money pouring back into stocks the past two weeks. At the same time, bond investors are running for the exits leading to the question of, who is right? Who do you want to
The confidence some prognosticators have in their outlook and advice they give on television never ceases to amaze me. Of course, they aren't held responsible by their clients and advisors for their advice. Regulators do not force them to document and disclose the performance of their advice. And most importantly,
I often tell people the thing that causes the NEXT market correction is rarely something any of us predicted. There are usually outside forces that can impact the markets. Often it is the REACTION to the EXPECTED event that causes collateral damage. It's far too early to look into the
