This year was probably the first year since COVID that things were back to "normal." Conferences were starting to go back to being in-person. Partway through the years, masks became optional on airplanes. Social distancing is almost non-existent. For me, 2022 flew by. Towards the end of the year, I
Typically, this time of year we see a nice rally in the stock market, often called the "Santa Clause" Rally. Historically December has been the most often positive month of the year. There are many logical reasons for this, some of which have shifted over the years. The primary driver
During a bear market each countermove is closely examined. Our sensitivity is heightened because psychologically losses cause twice the emotional response as gains. Throughout the year we've warned about not being sucked into the inevitable bear market rallies. The 3rd quarter started with a huge rally in October with November
Over the last 11 months, we've been going through the gospel of Matthew. We've now reached the events which we've steadily been heading towards since the beginning of Matthew. While the events we will be discussing this month aren't "rainbows and butterflies" like you might want to hear as we
"It is likely that restoring price stability will require holding policy at a restrictive level for some time. History cautions strongly against prematurely loosening policy. We will stay the course until the job is done." - Federal Reserve Chairman Jerome Powell, November 30, 2022
The above statement is the only
