Q2 Market Overview: “Sentiment vs. Fundamentals” July 31, 2023 During the first half of 2023, the equity markets performed remarkably well. The S&P 500 Index had a total return, including dividends, of 16.9%. Technology stocks, as represented by the NASDAQ 100 Index, posted a return more than double the S&P 500 generating a return of 39.1%. It has been an
2022 Year in Review: “The Era of Free Money is Over” January 23, 2023 The bubble is unraveling: The financial market storm we have long anticipated arrived with a vengeance just as the calendar turned the page to 2022. In dollar terms, last year had the greatest loss of capital in history as global stocks and bonds lost over $37 trillion