3Q 2022 Market Commentary

3Q 2022 Market Commentary

Economic Overview By Dr. Mark Pyles For as much as happened during the third quarter (Q3) of 2022, we end it with many of the same questions that were front of mind at the beginning. Financial markets found a kindling of optimism during the last two weeks of the...
2Q 2022 Market Commentary

2Q 2022 Market Commentary

Economic Overview By Dr. Mark Pyles The second quarter of 2022 began with some degree of optimism. Financial markets sprinted to the finish to end the first quarter, driven in large part by the belief that inflation was either at or very near peak levels and would...
4Q 2021 Market Commentary

4Q 2021 Market Commentary

  Economic Outlook By Dr. John McAlhany Milton Friedman (deceased) a renowned economist that served on the faculty of the University of Chicago wrote in his classic book The Monetary History of the United States that “Inflation is always and everywhere a monetary...
4Q 2021 Market Commentary

3Q 2021 Market Commentary

Economic Outlook By Dr. John McAlhany Perception about the economy changed during the latter part of the third quarter. The quarter began on a positive note with the virus waning, and businesses and industries were reopening, adding jobs, and looking for employees....