Originally Published on January 5, 2026 2025 began with optimism carried over from 2024’s rally. Investors embraced AI driven momentum, and tech giants continued dominating headlines. By spring, the mood shifted dramatically. A sudden tariff shock, “Liberation Day,” in April rattled global markets; trillions of valuations were wiped out overnight. Fear surged as the markets reigning emotion, as a prolonged downturn seemed imminent.  TACO ensued as tariffs were rolled back, re

Originally Published on October 7, 2025 U.S. equities had a strong quarter; the S&P 500 has a 14% gain so far this year, Dow Industrials up 9.1% and Nasdaq composite up 17% . Technology led the growth with AI, semiconductors, and communication sectors powering much of the gains. Small caps and cyclical names benefited from expectations of looser regulatory policy and optimism around economic resilience. Equity demand continues while growth held up better than many feared. Con

Originally Published on July 7, 2025 Q2 2025 was one of the most dramatic market quarters in many years. The volatile trading action began with trade / tariff policy shock on April 2, 2025. Investor fears of a world where the United States sought to punitively level high tariffs on the entire world were a frightening revelation. A vigorous rebound then began as the S&P 500 gained 10.9% in the second quarter after April’s tariff-induced selloff, while bonds notched a modest ga

Originally Published on April 6, 2025 The swamp has not been drained. The wall has not been built. Mexico is not “paying”. We are not bringing back coal. North Korea is well, who knows? The list goes on. Now the global economy has been permanently altered in one week? Not likely! Over-reaction to economic headlines is standard in fearful environments. There is no strategy to deal with this. There was no strategy for Covid. Holding ownership in great companies is still a good