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Our Blog: The Last Four...

  1. January 13, 2025

    Bond yields have been rising at an alarming rate recently, especially considering the Federal Reserve has been cutting short-term interest rates. 1 The Fed Funds rate is 100 bps lower, yet the 10-year Treasury yield is just over 100 bps higher. That’s certainly not… More >>

  2. January 6, 2025

    Wall Street’s annual tradition of “precise inaccuracy” is upon us again, offering a perfect moment to reflect on its forecasting ability. At the end of 2023, they projected a mere 1.22% gain for the S&P 500 in 2024, underestimating actual performance by over 1,800%,… More >>

  3. December 30, 2024

    “To me the most beautiful word in the dictionary is tariff…” – Donald Trump, October, 2024 1 As we enter an era of America First trade and economic policies, it raises the question: can tariffs be beautiful? Note, this is an explanation and not a rationalization. Here is… More >>

  4. December 23, 2024

    It’s been a remarkable year for equity investors when you consider the S&P 500 has hit an all-time high 56 times so far in 2024. 1 It’s not the best “all-time high” year but it’s near the best in the last 100 years. 2 Around this time of year, I always look back… More >>

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The reason we’ve been so successful is our independent investment philosophy, which treats each client uniquely.