Monthly Commentary

January 2023 – 2022 Performance Review

January 2023 – 2022 Performance Review

Dear Investors and Friends, 2022 was an incredibly unusual year for the markets with both stocks and bonds down. Going all the way back to 1976, there was only one other year, 1994, that stocks and bonds were both negative and 2022 is the only year that both were down double digits. S …

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