Stock prices declined for a third straight quarter as markets continue to assess the future prospects for inflation and interest rates.  What makes this year so challenging is that bonds also have performed poorly.  While

One of the many advantages of working at a firm with a rich, long history is occasionally stumbling upon interesting things in our archives.  We were reminded of this recently while updating the assumptions for

Market Update in Six Charts (OK, Five Charts and One Table) Inflation We begin with inflation, which jumped to a 40-year high this year.  Prices of commodities such as copper, aluminum, wheat, and oil already

January 25, 2022 In November of last year, a popular U.S. stock index passed a noteworthy milestone.  The milestone is noteworthy not for what it says about last year’s market performance but rather because of

October was a big month in cryptocurrency land. Bitcoin reached an all-time high of nearly $67,000, and the first exchange-traded fund (ETF) focused on bitcoin began trading. The rapid rise in the price of bitcoin has had a polarizing effect on many investors. Some investors remain very optimistic about bitcoin and cryptocurrency investments in general while others see cryptocurrency investments as speculative or dangerous…