Market Commentary

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Mr. Market, Riding High – Q4 2024

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Secular Bulls and Bears – Q3 2024

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Are You Ready for the Sunset?

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Borrowing from the Future – Q2 2024

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Circles of Competence, Ignorance, and AI – Q1 2024

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Valuation Time Warp – Q4 2023

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The Future of Interest Rates – Q3 2023

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Perspective – Q2 2023

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Monetary Tightening 101 – Q1 2023

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Great Disruption Ripple Effects – Q4 2022

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Locking in Profits – Q3 2022

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The 2022 Bear Market: Volatility and True Loss – Q2 2022

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A Russian Tragedy – Q1 2022

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Pruning Risk, Creating Value – Q4 2021

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Whipsaw – Q3 2021

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Inflation, Markets and Returns – Q2 2021

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A Few Reflections on Risk – Q1 2021

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A Triumph of Science – Q4 2020

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