A New Year is underway for capital markets, and the consensus prognostications are tilted toward a favorable year for both stocks and bonds.
Santa Delivered
It took nearly two years, but financial markets made it within spitting distance of the S&P 500’s all-time high (set 1/2/22) at the end of December. The rapid fourth quarter melt-up happened as buyers flocked back to the market en masse. While seasonality and the proverbial ‘Santa Claus’ rally that we traditionally see in December never hurts momentum, economic conditions … Read More
Reflection on 2023
Every year we do countless things that fill our hours, days, weeks, months and eventually our entire year. Often, we say where did the day go, where did the week go, where did the month go and inevitably where did the darn year go? Well, this past year of 2023 has been no different and went quicker than most because … Read More