Posts by Matthew Grubb

INVESTMENT COMMITTEE COMMENTARY May 2024 Stocks rebounded from a disappointing April and closed higher in May.  Since last October, the S&P 500 has generally moved higher and is at or near all-time highs.  There are four drivers to the positive equity performance:  expectations for Federal Reserve (Fed) rate cuts, falling inflation, steady economic growth, and…

INVESTMENT COMMITTEE COMMENTARY January 2023 Both stocks and bonds began the new year with strong returns. Recent economic data indicates progress in lowering inflation although it will take a while to achieve the Federal Reserve’s (Fed) target inflation rate of 2%. Wall Street remains hopeful the economy can weather more interest-rate hikes by the Fed…