I guess the party wasn’t over… After the Iran conflict caused markets to sell off rapidly in March, we saw stocks bounce back just as rapidly in April and May.  Easing tensions in Iran and earnings results that started to justify the…

Is the party over? Markets finally took a tumble in March, and all it took was a war.  The bombing campaign in Iran spiked oil prices and sent equity markets lower.  Markets had climbed in a straight line since last April’s bottom, and even…

The Everything Rally…Markets just capped off another year of positive gains as nearly all major asset classes posted positive returns for the year.  This year felt like a mirror image of 2022.  While returns moderated slightly in the fourth…

Bubble or bull run?  With the markets continuing to hit all-time highs, valuations continue to be called into question. Mega-cap technology names have been the big drivers behind market performance and now make up a disproportionate percentage…

Big beautiful tariffs… The Trump administration sent markets into a tailspin to start the second quarter, announcing sweeping tariffs on nearly all imports. However, markets quickly reversed course as some of the tariffs were walked back and…

Click here for .pdf version of this report: The Brave Report-2025Q1 The party is over, for now…. Markets finally softened in the first quarter, pulling back from all-time highs. A rotation out of some of the large technology names dragged…

Click here for .pdf version of this report: The Brave Report-2024Q4 There are two certainties in life, death, and the stock market just going up….  We continued to see the markets rally over the 4th quarter, continuing to be led by the…

Click here for .pdf version of this report: The Brave Report-2024Q3 All eyes on the Fed… The Federal Reserve finally ended its cycle of rate increases, cutting rates by half a percent.  While a 50-basis point cut isn’t going to do a…

How magnificent…. The markets marched higher this quarter continuing to be powered by the large tech names.  While market performance has been great, the rise of a few large highflyers has given us a false sense of overall market performance. …