I think most investors are relieved to put 2022 in the rear-view mirror. 2022 started with so much optimism from most market participants. The Federal Reserve threw cold water on the markets the second trading day of the year when they warned about the need to fight inflation. Both stocks
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
"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
Hopefully everyone had a safe and enjoyable Thanksgiving week. The stock market continued its latest bear market rally albeit on very light trading activity. The markets move in cycles and as we said for the last few weeks, it is important to understand this. Markets do not go straight down
