Stableford Market Commentary March 2023

Market Charts and bags of money

Banking woes pushed the 24/7 inflation watch to the back pages for the first time in a year. Financial stability fear is the first real push-back to the relentless Fed rates hikes, and it is having real impact. Early in March it seemed the Fed was on its way to re-accelerating to a 50 basis point increase. But the bank deposit crisis caused the Fed to slow in order to maintain financial stability. The March Market Commentary will help explain what is going on.

Stableford Market Commentary February 2023

Image of financial markets

After beginning the year on a strong note equity and bond prices fell during February as strong economic data quashed hopes of a rapid Fed pivot. Ten-year U.S. Treasury yields leapt 42 basis points to 3.92% in February following a strong January payroll report of 517,000 additions, far above the highest economist estimate. The February Market Commentary will help explain what is going on.

Stableford Market Commentary: March 2020

Stableford Market Commentary March 2020 stock market chart falling prices for COVID-19 epidemic

We’re never happy with negative returns but we are happy when we are able to preserve your capital. On a relative basis, that is what we have done. The losses in our strategies are a fraction of the overall equities markets and a 60/40 mix of equities and fixed income. This is why we are proponents of the active approach to investing. It’s times like these when being prudent and risk-averse matters.