Mid-Quarter Update, Aug. 15, 2023
The Tech stock train leaves the station, or so it seems We missed much of the blistering tech stock rally seen in the first seven months of 2023. This is unsurprising as most clients want moderate growth without the terrifying volatility that technology and similar growth stocks generate. Coming off a tech stock bear market, I largely subscribed to the [...]
Quarter End Report June 30, 2023
Quarter End Report June 30, 2023 As we entered the second quarter, investors were spooked by an ongoing rescue of smaller banks after suffering "runs." Since one of these, Silicon Valley Bank (SVB) held liquid assets for start-up technology companies as well as the financiers who invest in these ventures, the government decided that these were effectively, systemically important institutions. [...]
Mid-Quarter Update – 5-06-2023
Mid Quarter Update As it has been a particularly worrisome time for financial markets, with a slow-moving banking crisis putting investors on edge, I felt a brief update to be appropriate. This Saturday will see two of the most respected investors in the world, whose combined ages total over 180 years, sit next to one another at CHI auditorium in [...]
Quarter-end Report 3-31-23
Coco Nuts! Most clients of Trusted Financial will open their monthly statement and find a bit of relief as a stock market rally ignored a potential meltdown for banks. Still, there seemed to be plenty of investors trying to call a bottom to the bear market. Some Media pundits are now declaring that a new bull market is at hand. [...]
Year-end Review 2022
Gary Miller / Trusted Financial 2022 Review NOTE: This report is highlighted with screen shots from the live presentation given to clients who were at our annual Client Holiday Luncheon back in early December. Graphs and stats have been updated where appropriate. Greetings to All and Happy New Year! As the photo below suggests, Santa delivered a not-too-pleasant year for [...]
Quarter end report – September 30, 2022
Not too long ago, we experienced many years of a “Goldilocks” economy: interest rates were low and were kept low while equity markets enjoyed seemingly endless expansion. Now, when you turn on a financial news channel or read a financial periodical, all is doom and gloom. Even in the best of times, financial journalists use fear to keep us engaged. [...]