Jan 15, 2023 | Investments
Stocks pushed higher Friday as the three major market benchmarks booked their best weekly percentage gains since November. On the economic front, the University of Michigan consumer sentiment index climbed in January to its highest level in nine months, which followed...
Dec 25, 2022 | Investments
t has been a tough 2022 for investors but our clients have done better than most mutual fund and hedge fund managers. Year to date, all of our clients’ portfolios have outperformed the Nasdaq (down 34%) and 90% of our clients have outperformed the S&P 500...
Dec 4, 2022 | Investments
A speech from Fed Chair Jay Powell on Wednesday sent markets flying amid signals that the central bank could begin slowing its aggressive interest rate increases. When the dust settled at the end of the session, the Nasdaq closed up a whopping 4.4%, while the S&P...
Nov 20, 2022 | Investments
Stocks finished with modest gains Friday, but the main U.S. indexes still ended with weekly losses as doubts rose about the staying power of the recent rally sparked by signs of easing U.S. inflation. Stocks turned lower earlier in the week after St. Louis Federal...
Nov 13, 2022 | Investments
On Monday this week, Sam Bankman-Fried, the chief executive of the cryptocurrency exchange FTX, took to Twitter to reassure his customers: “FTX is fine,” he wrote. “Assets are fine.” On Friday, FTX announced that it was filing for bankruptcy, capping an extraordinary...
Oct 23, 2022 | Investments
Stocks surged and U.S. Treasury yields fell Friday after Federal Reserve Bank of San Francisco President Mary Daly said future interest rate increases could come in smaller increments to achieve the Fed’s target neutral rate. While the Fed seems set to again lift its...
