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Snapshot August 31, 2026

One old stock market adage is: Sell in May and go away”; a backhanded way to say nothing happens in the market during the summer. No more. Now, one must pay attention. After a speculation-filled wait for Kevin Warsh, the…

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Snapshot July 31, 2026

The Fed held rates steady at its most recent meeting, which for some was frustrating, for others a relief. The market tries to weather headline onslaught and its whiplash affect on day-trading. But day-trading is not what long-term investors –…

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Vice Chair’s Annual Report to 158th Convention

 Last year, 2025, was once again a volatile year. The beginning of the year was torn by the confusion of new tariffs and a new posturing of the U.S. on the world stage. As the year progressed, a more predictable view…

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Update from The Vice Chair

Steady hands help to produce consistent performance

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