Well, 2022 is in the record books and what a year it was.
Q4 2022 Quarterly Commentary
Q3 2022 Quarterly Commentary
“History Does Not Repeat Itself, But It Rhymes” – quote attributed to Mark Twain
Q2 2022 Quarterly Commentary
After a year of characterizing our rising inflation rates as “transitory” the Administration and the Federal Reserve (the Fed) indicated that their number one domestic priority was to reduce inflation towards its long-term goal of 2%.
Q1 2022 Quarterly Commentary
As you would expect, war, inflation, supply chain disruptions, and Central Bank tightening, combined to set the stage for the worst world stock market quarter in two years (the start of the pandemic global shutdown in March of 2020).
Q4 2021 Quarterly Commentary
The tumultuous 2021 has finally come to an end. Though the year was wracked with political infighting, pandemic closures, supply disruptions, inflation rearing its ugly head and rising interest rates, most major world stock market indices recorded meaningful advances.
Q3 2021 Quarterly Commentary
The September quarter continued the uneven economic recovery in the United States and much of the world.
Q2 2021 Quarterly Commentary
For the Plumb Balanced Fund (PLBBX) for the 2nd quarter ending June 30th, 2021, finished up 6.53% and beating our blended benchmark by a sizable total of 107 basis points. We feel confident in our positive progress after a poor relative first quarter.
Q1 2021 Quarterly Commentary
The world lapped the anniversary of the initial pandemic breakout in the first quarter of 2021. We all recognize that in some ways the world will never be the same.
Q4 2020 Plumb Funds Quarterly Commentary
Stating the obvious, 2020 was an unusual year on many levels including the stock and bond markets. One would intuitively think a deadly global pandemic would naturally result in poor S&P 500 market performance.