Third quarter performance was strong across every asset class we track led by Emerging Market stocks [international small countries] (+10%) and U.S. stocks (+8%). While geopolitical tensions continued to generate headlines, corporate earnings came in better than expected with quarterly earnings for the S&P 500 coming in much better than expected at +11% higher than last year’s second quarter.
What’s Matt Reading? (Sep 2025)
This month, we examine the structural headwinds causing Europe’s economic decline, highlight Seth Klarman’s contrarian value perspective on commercial real estate, and explore how surging AI demand is changing the landscape for enterprise technology.
The Paradox of Time
Time is your friend Finance folks love to talk about exponential growth. It’s compound interest. Interest on interest. It’s your money making money on its money. You start with $100 and then earn 10%. Now you have $110. Another 10% gets you $121. Then $133…on…
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2Q 2025 Market Overview
It seems hard to believe now that we’re sitting at or near all-time highs again for U.S. equities. As recently as April 8th, this year had gotten off to the fourth-worst start (down 15%) of any year since 1928. The past few months have been another great reminder of how quickly things can change when investing in public markets.
How to Select a Great Financial Advisor (or Confirm You’re Working With a Great One)
Choosing the right wealth manager is one of the most critical decisions for your family’s financial future. Discover the essential criteria for selecting a great financial advisor, the red flags to avoid, and how to confirm your current advisor is truly acting in your best interest.
1Q 2025 Market Overview
It’s safe to say that the peace and quiet is over for a bit and we’ve got some volatile markets in store for us. Regardless of who is or isn’t in office, let us remind you that markets remain unpredictable. Let’s not make the mistake of thinking that just because the political climate or policies have changed that we now know what’s in store.
