The stock market and economy continue to show greater strength than predicted. Back in late August of 23, John Lui our CIO wrote “As the US economy, corporate profits and inflation trends improve, the S&P 500 will continue to rise, which will force the sell siders to move to the middle of the boat (neutral) or right side of the boat (bullish) and again revising upward their S&P 500 target prices”. John’s call was very prescient as the market has risen spectacularly since early October and now the sell siders have moved to the middle and right side of the boat. In fact, this morning (April 1 – both Goldman Sachs and HSBC have raised their price targets for the S&P 500 again) (Bloomberg).

A recession has not occurred as our economy is just not that interest rate sensitive coming out of the pandemic…

How quickly things change! As I write this update, we are within a hair of the all-time highs for the S&P 500.

Earnings have bottomed while inflation/interest rates have peaked: The bullish case for the stock market …

After experiencing an extended ultra-low interest rate environment from the 2008 Financial crisis through early last year, interest rates have now moved significantly higher. Here's something to consider..

Sell side strategists in the media don’t manage money like the buy siders; the sell sider’s main role is to increase trading and investment banking revenues for their respective brokerage firms and not to help you invest for retirement.

The economy continues to perform as we have predicted.

Dan Moskowitz offers his review and outlook as of July 2023

Buying High yield savings, T-bills, and CD’s will help!

The stock market and investors always look forward and they like what they see…

Let’s Not Lose Sight of the Big Picture. These days we are barraged daily with information, and it seems to be easier than ever to lose track of the big picture..

Diversification is a key factor when constructing an investment portfolio that will help meet your long-term financial goals. This goes beyond just allocating between stocks, bonds and alternative investments. Diversifying…

Wow, What a flurry of activity! Daily volatility in the markets has increased substantially in the first part of 2023. A regional banking crisis, changing inflation projections, and geopolitical stress has led to the largest daily…

The above chart of the Federal Funds Rate shows that by December 2025, the market (blue line) and the Federal Reserve (white line) both agree that the Federal Funds Rate will be around 3%. Both agree that interest rates have…

2023 will mark the 50th anniversary of John Raab starting his own investment advisory business. Many of our current clients started with him shortly thereafter and are still with us today - Thank You! Here's what to consider in 2023!