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Debt Pains

Debt Pains

by Nathan White, CIO The biggest question right now is if the economy will remain resilient in the face of high interest rates.  We are caught in a debt trap and the inflationary response was a symptom of the underlying problem. Imagine the economy as a...
Stocks Up Bonds Down

Stocks Up Bonds Down

By Dave Young, President Fall is one of my favorite times of the year. The temperatures move down to comfortable from the high temperatures of summer. Football season is in full swing, the leaves in the mountains are spectacular, and hunting season is here. That is...
Mixed Signals

Mixed Signals

by Dave Young, President From a stock market perspective, I’m glad 2022 has finally closed. It was a confusing year, to say the least. For the first time ever, we had a recession, as defined by economic indicators, but the government tried to sell us that it wasn’t...
Moving On From a Difficult Year

Moving On From a Difficult Year

I know everyone is aware that markets move up and down so I thought it would be good to put 2022 in perspective right off the bat.  Of the last 194 years in the stock market only nine have been worst than 2022.  Of those 194 years, 138 were positive (70%).  Last year...