Market Review
The benchmark S&P 500 index closed the 3rd quarter up 7.8% to mark a second consecutive quarterly gain and take year-to-date appreciation to 13.7%. That market movement contrasts with investor sentiment, as the market climbs a proverbial wall of worry. The news of note is that companies continue to report financial results that…
One Big Beautiful Bill
At the center of the Bill, signed on July 4th by President Trump, is a permanent extension of his tax cuts set in place in 2017 that were set to expire this year. Some of these include permanently lowered individual tax rates, which reduced the top individual rate from 39.6% to 37%.…
Market Review
The benchmark S&P 500 index closed the 2nd quarter up 10.6% to move into positive territory year-to-date, following a 4.6% drop the prior three months. Investors can be forgiven for thinking that outcome would have been unlikely in early April, when the benchmark was down almost 15% for the year. News flow hasn’t…
Market Review
What a roller coaster quarter! The benchmark S&P 500 index closed the 1st quarter down 4.6%, following a 2.1% gain the prior three months and after initially rising almost 4.5% to yet another all-time high in mid-February. After that high, the index then pulled back by over 10% before staging a solid bounce…
