Reasons to Stay the Course

Dear Clients and Friends, As volatility in the markets pick up we wanted to send out some information to help bring these events into context and hopefully allay to some degree the unnerving nature of these movements. There has been much discussion about the Nasdaq, which is an index of technology companies, and how it …

Interest Rates, M2, and Central Bank Balance Sheets

You may have heard financial pundits say the stock market follows the bond market, and in many ways they are right. The correlation between interest rate movements on the 10-year treasury and the broad stock indices is as strong as ever. It works like this. Rates go up on the 10-year treasury, bond and stock …

The Start of 2024

The start to 2024 has been full of excitement with the main stock indices reaching new all time highs (something that hasn’t happened since 2021). As we enter the beginning of February, many folks are wondering what to do in this circumstance along with a divisive presidential election and potential rate cuts that are forecasted …