Outlook & Ideas

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, so far, companies have not passed on their higher costs to consumers. The Federal Reserve has begun lowering interest rates due to a weakening labor…
Read More FOURTH QUARTER 2025

Previous Weeks

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…
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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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