Are Bonds Dead?

Dear clients and friends, October marked the third straight monthly drop for U.S. stocks where the Nasdaq and S&P 500 entered correction territory (down more than 10% from the most recent 52-week high). We mentioned last month that these corrections happen about every 16 months on average so this was not terribly unexpected. What is …

A Little History on Bull and Bear

Dear clients and friends, As we enter the last quarter of the year, volatility is picking up in both the stock and bond markets, primarily due to rising treasury yields and renewed concern about higher for longer rates of inflation and soaring national debt.  Historically, September is a difficult month for the stock market and …