by NovemAdmin | Mar 29, 2022 | commentary
The Markets When rates rise, borrowing becomes more expensive. The change often reduces demand and pushes prices – and inflation – lower. Last week, the Fed rate hike began to affect consumers and investors in a variety of ways. We saw: Be careful what you ask for,...
by NovemAdmin | Mar 28, 2022 | Reading List
Let’s face it. My bracket was dead on arrival. I’m still looking forward to watching some great games this weekend. In other news, we’re heading down to Genesee Country Museum this weekend for their annual maple sugar festival and pancake breakfast. Rest assured, my...
by NovemAdmin | Mar 22, 2022 | commentary
The Markets Markets were reassured by the Federal Open Market Committee (FOMC)’s actions last week. The FOMC met on March 16 and did exactly what most people expected them to do. They raised the federal funds target rate by a quarter point. Federal Reserve Chair...
by NovemAdmin | Mar 18, 2022 | Reading List
Headed out of Rochester tomorrow to visit one of my best friends. He is reasonably high up at the Air Force but is currently stateside. If he cancels the trip and can’t provide details I’m going to take that as a “sell” signal. By Charles Ruff, CFA Francis Fukuyama is...
by NovemAdmin | Mar 16, 2022 | Reading List
Sunday was daylight savings time. Shout-out to fellow Hamilton Alum and journalist extraordinaire David Andreatta for this fun fact – during WWI, Germany was the first country to institute a national daylight savings program so its factory workers would have...