June 2025 Quarterly Report
Daily gyrations of financial markets continued into the first quarter culminating in an apparent bottom for the S&P 500 stock index on April 7. This was followed by a dramatic turnaround that few anticipated, and few believed. There was so much “noise” amplifying the usual uncertainty that accompanies investing, that protecting client assets appeared the responsible thing to do. Thus, [...]
Search is Changing
Artificial Intelligence versus web search...how things might change for companies: July 5, 2025, Wall Street Journal, "The Companies Betting They Can Profit From Google Search’s Demise" by Katherine Blunt
March 2025 Quarterly report
After touching historic highs in mid-February, US stock indexes slumped, with most technology winners of the past three years falling into a meaningful correction. All told, it was a first quarter that began on a positive note as markets cheered what they hoped would be a Trump 2.0 administration focused on deregulation and tax cuts. It ended not with a [...]
Understanding the AI “Cloud”
Want to better understand “the Cloud”? AI? There are revolutionary changes washing through our North American and world economy. Here is a great article with interviews to help shed a light on some of the areas we have seen as opportunities for investors: Wall Street Journal "Banks Loan $2 Billion to Build a 100-Acre AI Data Center in Utah" By [...]
Year-End 2024 Report to Clients
A second year of healthy growth for financial assets in the United States has, for most observers, put an end to talk of a “soft landing” or a “hard landing.” As I observed last quarter, the economy has landed, and the reason some have not noticed is because it was and is an amazingly soft touchdown. Put another way, despite [...]
Quarter-end Report September-2024
As your statistical report will likely show, this has been a nice quarter, a nice year and a nice twelve months for most clients. While technology company shares took a breather and went into a consolidation phase, a broader cohort of equities saw renewed interest and resulted in an overall positive performance of both domestically focused and international mutual funds. [...]