Monthly Investment Updates

A month – and year – to forget
Sometimes we ignore the most important things. We are in a similar period in the financial markets.

The market touched a new low in October and produced a strong rally for the rest of the month, and this positive performance continued throughout November.

There were a host of worries this October that might have kept us from following the yellow brick road to financial prosperity.

Skiers often hear explosions during their morning preparation as the resorts trigger mini avalanches up on the mountain.

Investors would have done well to follow this advice in August as Jerome Powell, the Federal Reserve Chair, dominated the economic narrative and the movement of the markets.

The old investing adage, “don’t fight the Fed”, was in full force in August.

Alfred Kahn, President Jimmy Carter’s “Inflation Czar”, uttered this phrase in 1978 after he infuriated the president by pointing out the possibility of a recession.

Markets marched expeditiously higher in July as investor optimism increased on signs that inflation may be softening.

US stocks, as measured by the S&P 500 index, reached an all-time high in late December of 2021.

For markets, economies, and geopolitics, 2022 has felt like all bad news.