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Market Commentary

2022 Market Outlook

The lack of additional fiscal stimulus and withdrawal of monetary stimulus could cause a serious hangover for a market that is drunk on stimulus. The S&P 500 capped off a

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Market Commentary

Q3 2021 Market Outlook

Topics: Individual investors are the most bullish at the wrong time. GMO expects -8% annual stock market returns and signs that we are in the endgame. September may have ended

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Market Commentary

Q1 21 Market Review and Outlook

The Bloodbath in Bonds In my last market commentary at the end of 2020, I pointed out that it is natural but wrong for investors to simply extrapolate future returns

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