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Market Update – September 2025
We are now 70% of the way through the year, and it has been quite a ride for investors. The S&P 500 is up 13.5% year-to-date, even after experiencing an18% pullback back in March. Other markets have also delivered strong results: A common topic of discussion

Market Update: What Is Driving The Stock Market’s New Highs?
The S&P 500, the main yardstick for U.S. stocks, has once again reached record highs. A mild inflation report gave markets a boost, reversing a brief dip caused by a downward revision to earlier job numbers. Bonds have also climbed in value as investors grow

New Deductions, New Highs: What Changed After the July 4th Tax Bill
Market Update, July 2025 I hope everyone enjoyed a wonderful Independence Day weekend. Since the last July 4th, the S&P 500 has risen nearly 15%, the Nasdaq by nearly 14%, and international stocks by more than 16%. As recently as April 8th, the S&P 500

Market Update, June 2025
As we approach the midpoint of the year, the S&P 500 has already made a full recovery (as of May 13th) from its 15.28% decline, and the index seems to be itching to get to its prior all-time-high that was set on February 19th. International stocks

Market Update, May 2025
On April 8th, the S&P 500 was down 15.28% year-to-date. It has since recovered and is now down only 5.45% year-to-date. It’s a nice recovery—though, of course, the index is still negative for the year. Fortunately, other components of a diversified portfolio are positive in

Bonds for Inflation – Series I Bonds
The 9.62% interest rate looks high; however, the *real* interest rate is about the same as it has always been… effectively zero – or negative when taxes are taken into account.