September lived up to its historical designation as the worst month of the year thanks to interest rates and the Fed’s higher for longer mantra. Outlook for performance is improving thanks to seasonal fourth quarter tailwinds.
Interest rates moving to levels not seen in over a decade had markets taking a breather in August. September’s up next and it’s historically been the worst month for market performance. Economic data in August took on a more somber tone, employment...
Stocks remained hot in July and further extended the 2023 rally. Market breadth meaningfully broadened with small caps and emerging markets leading the charge. After a June pause, the Fed hiked again in July. Reported earnings are beating estimates and a few...
Property values have risen exponentially over the past few years. The increased appraised values of properties have led to increased property taxes for all Texas residents. The House and Senate are working on a bill (S.B. No. 2) that is intended to...
Stocks rallied in June capping off a surprisingly strong first half of 2023. Mega cap names continued to show strength, but other areas of the market joined the rally increasing breadth a bit. Inflation fell again, the Fed paused on rate hikes,...
With the debt ceiling debate resolved until after the 2024 elections, the House has pivoted to three bills of proposed tax changes. On June 9th, the House Ways and Means Committee released the Build It in America Act, Small Business Jobs Act...