Outlook & Ideas

 FIRST QUARTER  2026

2025 was another good year for stock investors. The DJIA was up almost 14% and the S & P 500 Stock Index rose over 16%. Despite wars starting and stopping, tariffs, persistent inflation, unfounded recession fears, and continued political gridlock, the market responded to the tried-and-true catalysts: Interest rates and corporate profits. Both were well-behaved. The Federal reserve began lowering interest rates, and corporate profits…
Read More  FIRST QUARTER  2026

Previous Weeks

FOURTH QUARTER 2025

Our cautious outlook for the third quarter was met with continued record highs for the stock indices. The tariffs have not been as onerous as investors had feared, mostly because,…
Read More FOURTH QUARTER 2025

Third Quarter 2025

“Resilient” is the often-used word for the U.S. Stock market this year. A better word might be “unbelievable”. Despite the threats and imposition of trade tariffs, a military attack on…
Read More Third Quarter 2025

SECOND QUARTER 2025

The first quarter of 2025 was the worst quarter for stocks in 3 years. Why? The new administration promised less regulations, investor friendly merger approvals, lower inflation, and a stronger…
Read More SECOND QUARTER 2025

4th Quarter 2024

The third quarter produced another record high for the DJIA (42,313) and the S & 500 stock index (5,738). Evidence of a “soft landing” (falling inflation and continued economic and…
Read More 4th Quarter 2024

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