Just when we thought we’d get a quiet end to the year, the Federal Reserve held their last rate announcement this week. While the rate announcement was in line with expectations (another 0.25% rate cut was confirmed, taking the current range to 4.25-4.5%), the commentary in Jerome Powell’s press conference and the data accompanying the […]

I’ve written about trend lines in the past – reminding you (and myself) that (a) no trend line lasts forever and (b) they move in both directions. This week was yet another example of this fact as interest rates made a sharp reversal and started moving down just as rapidly as they had gone up […]

Stay the course. How many times have I given that message to clients (and myself), both in these weekly posts and in general conversation? Thousands of times I am sure! And a large majority of those have come in the past three years as all investors have been thru a lifetime’s worth of challenges. Truth […]

Here we go again. Earlier this week, as expected, the Federal Open Market Committee (FOMC) raised the fed funds rate by 25 basis points to a range of 5.0-5.25%. This is the tenth increase in this rate cycle (that started just over a year ago) and brings rates (from zero) to levels last seen before […]