Year-End Review and 2025 Market Outlook

At midnight on Tuesday, December 31st, the almost 12,000-pound crystal ball will descend in New York City’s Times Square to mark the end of 2024 and the arrival of the new year. 2024 was a remarkable year for the U.S. stock market. Despite, or perhaps because of, continuing wars in Ukraine and the Middle East, … Read more

Post Election Market Analysis

The 2024 U.S. elections are now behind us and as usual, about one-third of the electorate is happy, one-third is unhappy, and one-third couldn’t care less as they didn’t bother to participate in the electoral process. While there were some House and Senate races that needed a couple of weeks to sort out, thankfully the … Read more

Not so Spooky October

Despite October’s well-deserved reputation as the worst month of the year for stock markets, this October was pretty uneventful. At the close of trading on October 1st the S&P 500 index stood at 5,708 points. On October 18th it reached the all-time high of 5,864 and subsequently closed the month on October 31st at 5,705 … Read more

A Bit of Everything

Within the investment world, quiet and boring is actually a desirable environment. However, the third quarter was anything but that. Instead, it was full of impactful events and developments: These are just a few of the major headlines, but as you can see, the last couple of months really offered a bit of everything. If … Read more

Field of Dreams

Ever since humans first started transacting with each other, exchanging their goods necessitated an agreement over the “terms of trade”, such as price (units of one item for another) and delivery time and place. The price was always a factor of the difficulty, danger, and time required to produce the item (economists later called it … Read more

Mid Year Market Review and Analysis

The second quarter ended on Friday with the stock market continuing the rally that started at the end of October 2023. During the first 6 months of this year, the widely followed S&P 500 stock market index increased by about 14%. This is a “market capitalization” index, meaning the movements of the largest companies within … Read more

March Madness

The first quarter of 2024 was marked by equity markets moving higher on the backs of the seven largest companies (by market capitalization), along with the recent bullishness of the Federal Reserve (FED). The “Magnificent 7” (Microsoft, Apple, Amazon, Meta, Google, Nvidia, and Tesla) are engaged in a race to develop and implement artificial intelligence … Read more

Markets are Non-Linear

The end of the year is traditionally a good time to look back and reflect on important market developments, which helps us assess how far we’ve come over the 12 months prior and where we could be headed in the future. While 2023 delivered many notable events, a select few are especially worth mentioning, mostly … Read more