| January 2020 |  Repo Madness - Fed Actions Cause a "Melt-Up" in Equities |
| October 2019 | "Sell in May and Go Away" Was Good Advice This Year |
| July 2019 | Fed Rescues Financial Markets from Trade War Scare |
| April 2019 | Global Equities Get off to a Great Start in 2019 - US Shares Among the Best! |
| January 2019 | Well That Was Ridiculous! |
| October 2018 | US Equities Soared in Q3 but Q4 is off to a Bad Start |
| July 2018 | Stewardship Partners Posts Strong Returns in 2Q and YTD |
| April 2018 | Volatility Returns as Stocks Stumble Early in 2018 |
| January 2018 | The "Nothing Matters" Market - All Gain and No Pain = An Unhealthy Market |
| October 2017 | The "Nothing Matters" Market Streaks Higher |
| July 2017 | Markets Advance Again in Q2, But How Long Can It Last? |
| April 2017 | Stocks Rise Impressively With Little Volatility Despite Trump's Shaky Start |
| January 2017 | While We Were "Trumped", 2016 Was a Very Good Year for Our Clients |
| October 2016 | Riskiest Assets Perform Best in Third Quarter of 2016 - Sign of a Top? |
| July 2016 | Despite Excessive Brexit Fears, Stocks and Bonds Move to Record Highs |
| April 2016 | Off to Great Start Versus a Volatile Market That Ultimately Went Nowhere |
| January 2016 | 2015 - A Difficult Year When Almost All Investors Struggled to Make Money |
| October 2015 | Not Yet Safe Enough to Exit Our Storm Shelter |
| July 2015 | The Calm Before the Storm? |
| April 2015 | Financial Markets Once Again Distorted by Government Interventions |
| January 2015 | 2014 Was Another Good Year for Investors, Particularly US Investors |
| October 2014 | Despite Strengthening US Economy, Financial Markets Become Volatile |
| July 2014 | Fearless Markets Continue Moving Higher in 2014's Second Quarter |
| April 2014 | Equities Move Higher in the First Quarter as the Great Rotation Continues |
| January 2014 | 2013 - A Good Year for US Stocks, but Bad for Bonds, Emerging Markets |
| October 2013 | The Great Rotation Into Equities From Bonds Has Started |
| July 2013 | Taper Tantrum Disrupts Bull Market and Crushes Bonds |
| April 2013 | A Strange, Upside Down Bull Market to Start 2013 |
| January 2013 | Stepping More Quickly Away From the Edge of the Abyss |
| October 2012 | Shares Rise on Reduced European Threat and Government Intervention |
| July 2012 | Equities Falter in Second Quarter as Troubles Accumulate |
| April 2012 | Another Government Funded, Liquidity-Fueled Relief Rally |
| January 2012 | 2011 - A Diabolical Year When Investment Landmines Began to Blow Up |
| October 2011 | The Markets Stumbled Through the Minefield in the Third Quarter |
| July 2011 | Where Exactly Does That Road End? |
| March 2011 | Landmines Triggered, But Markets Suffer No Damage? |
| January 2011 | Poorly-Conceived Government Intervention Creates Long Term Dangers |
| October 2010 | Equities Move From False Fears to Hyped Hope |
| July 2010 | Paranoia Grips the Financial Markets |
| April 2010 | Strong Earnings Recovery Keep Share Prices Moving Higher |
| January 2010 | Stocks and Bonds Soar as the Economy Continues to Heal |
| October 2009 | Stocks Continue Rapid Advance as Fear Recedes |
| July 2009 | A Great Start to the Next Bull Market? |
| April 2009 | Changing of the Guard |
| January 2009 | Are Happy Days Here Again? |
| November 2008 | 3rd Quarter 2008 Commentary |
| July 2008 | Stocks Soar, Then Falter in the Face of Skyrocketing Oil Prices |
| April 2008 | Bear Stearns & Equities Reap the Whirlwind of Excessive Debt |
| January 2008 | Despite the Credit Crisis, 2007 Was Still a Very Good Year! |
| October 2007 | By The Way, Did You Notice That Credit Crunch? |
| July 2007 | Stocks Soar Despite Growing Concerns |
| April 2007 | Abundant Liquidity Helps Push Equities Higher In First Quarter |
| January 2007 | We Thought 2006 Would be a Good Year for Stocks, And It Was |
| October 2006 | Stocks Rise, Confounding Skeptics Once Again |
| July 2006 | Turning Point Turmoil |
| April 2006 | A Strong Start to 2006 |
| January 2006 | Resilient Stocks Overcome Challenges, Rise at "Measured Pace" |
| October 2005 | Share Prices Weather Storms on Foundation of Strong Earnings |
| July 2005 | Stocks Regain Traction, Rise Despite Threats from Oil and the Fed |
| April 2005 | Market Skids on Oil Slick, Collides with Inflation Concerns |
| January 2005 | The Bush Blast Off! |
| October 2004 | Struggling With The Shadow Of A Slowdown |
| July 2004 | Stock Prices Grind Higher Amidst Investor Confusion |
| April 2004 | Stock Prices Pause as Greed Recedes |
| January 2004 | Caution Collapses as Investors Rush Towards Risk |
| October 2003 | Deflation is Dead! Long Live Irrational Exuberance! |
| July 2003 | Too Fast a Victory? |
| April 2003 | The Cost and Benefits of War |
| January 2003 | Testing Times |
| October 2002 | It Was Different This Time |
