Q3 Economic Commentary – Tallying the Headwinds and Tailwinds 

2023 thus far could be summed up with two words: Artificial Intelligence (A.I.). Companies with major stakes in A.I., including Microsoft, Google, Nvidia, Meta, and Apple have each posted year-to-date gains of over 40%.  Many investors view this new technology as a game changer for business efficiency and profitability and have piled into A.I. stocks, […]

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Q2 Economic/Market Commentary – Inflation, Growth, Interest Rates – All Higher for Longer

Broad stock market rallies were a welcome sight at the start of the year, with the S&P 500 Index climbing 6.18% during the month of January.  Bonds, in contrast to much of 2022, also gained value.  Inflation slowly came down, although the Federal Reserve emphasized the continued need for higher interest rates to bring both

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