Stocks took a sharp turn lower in September with the S&P 500 falling more than 9%. This setback deflated the bulls who had been energized by a strong rally that
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As expected, neither stocks nor bonds reacted very well in the first half of the year to a rise in inflation which hit an annual rate of over 8% in
Though we often feel a certain nostalgia for the past, I have mixed emotions for the seventies. Besides being the decade where I spent my awkward teenage years, it was
We are awash in uncertainty. Will Congress raise the debt ceiling, and will there be a government shutdown? Could another debilitating Covid variant emerge? Might another terrorist attack occur on