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2nd Quarter 2025 - Summer Newsletter

By Jeff Hybiak, CFA • July 03, 2025 • 0 Comments
2nd Quarter 2025 - Summer Newsletter

Full Speed Ahead

After a bruising start to the year, 2025 is turning into a lesson in market whiplash. Stocks sprinted out of the gate in January, only to skid nearly 19 % from the mid-February peak to the April 8 low—just shy of a technical bear market.

Then came

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Newsletter

Depends on where you are - MMM v6-26

By Jeff Hybiak, CFA • June 30, 2025 • 0 Comments
Depends on where you are - MMM v6-26

🌲🚐🔥 Road-Trip Reflections

Rolling the RV out of the misty Pacific Northwest felt like switching channels from a 4K Nature documentary to Old Western movies. One day we were gawking up at 300-foot redwoods in 58-degree fog; two days later we cracked open the door in Reno to 97-degree desert gusts.

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Musings,Bond Yields

Work Becomes Pointless (Our Problems with Work) - Part 6

By Courtney Dent • June 25, 2025 • 0 Comments
Work Becomes Pointless (Our Problems with Work) - Part 6
"So I hated life, because the work that is done under the sun was grievous to me. All of it is meaningless, a chasing after the wind." - Ecclesiastes 2:17

As we continue our study through the book, Every Good Endeavor, we're still in the section titled, "Our Problems

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Cornerstone,Every Good Endeavor

Roadblocks Ahead - MMM v6-25

By Jeff Hybiak, CFA • June 23, 2025 • 0 Comments
Roadblocks Ahead - MMM v6-25

Markets vs. Bison

Last week our family’s cross-country graduation road-trip covered more ground than a newly launched meme coin— from shopping at the Mall of America to white-water rafting the Yellowstone River. Somewhere between the world’s only Corn Palace and the granite faces of Mount Rushmore I was

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Musings,Federal Reserve,Congress,Budget Deficit

What's Priced In? - MMM v6-24

By Jeff Hybiak, CFA • June 16, 2025 • 0 Comments
What's Priced In? - MMM v6-24

A Market Built on Best-Case Assumptions

🚐 On the Road Again... and So is the Market

We officially hit the road last week for our 45-day cross-country RV adventure to celebrate our twins' high school graduation, and after swerving around construction barrels and potholes on I-90 through Illinois - smooth for

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Musings,Federal Reserve,inflation
Page 9 of 165

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The purpose of SEM’s Traders Blog is to provide simple explanations about the current market environment. It is designed to give advisors talking points about the market and for individual investors to better understand what is happening.

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