Weekly Market Commentary for 6/21/2022

Weekly Market Commentary for 6/21/2022

The Markets The fight against inflation intensified. Last week, the Federal Reserve (Fed) delivered a message that it is serious about fighting inflation. The Federal Open Market Committee (FOMC) lifted the federal funds target rate by 0.75 percentage points. The fed...
Weekly Reading for 6/20/22

Weekly Reading for 6/20/22

I hope all the dads out there had a great Father’s Day Weekend. I often trick my kids into doing what I want. This strategy probably wasn’t in the parenting books (too long, didn’t read) but jedi mind tricks are the basis of my parenting style. I also just enjoy...
Weekly Market Commentary for 6/13/2022

Weekly Market Commentary for 6/13/2022

The Markets Inflation is proving to be far more tenacious than markets had hoped. The idea that inflation peaked in March was put to rest last week when the Consumer Price Index (CPI) showed that inflation accelerated in May. Overall, prices were up 8.6 percent last...
Weekly Reading for 6/13/2022

Weekly Reading for 6/13/2022

I was just in Puerto Rico for the first time in a couple of years. Woo! What a weekend. In a prior life, I worked for a fund and we invested in Puerto Rican banks. I’d go down there every so often to meet with management teams, regulators, government officials etc. I...
Weekly Reading for 6/6/2022

Weekly Reading for 6/6/2022

How are people liking the Monday delivery? Should we switch back to Thursday/Friday so you have the weekend or do you prefer to get this at the beginning of the week? There is a war, unprecedented monetary policy, multiple mass shootings, rising food and fuel costs,...