While we’ve been calling for increased market volatility for two years, that doesn’t make it feel any better when it happens. The violent volatility of December has been a jarring affair. If you took the monthly returns for the S&P 500 over the last 50 years – 600 months – and ranked them from worst to best, December 2018 would be number 16 on the list. Had the month ended on Christmas Eve at the market’s low, it would have ranked number four on the list. Read more here...
Related
2023 Quarterly Review
Analyze the first half of 2023 and outlook on the year ahead with Biltmore Family Office's Chief Investment Officer, Rael Gorelick. Topics covered include bank runs, generative AI and interest rates.
Cognitive Dissonance
Biltmore Family Office is an independent SEC-registered advisor to investment-oriented business owners and their families.
2023 Q3 Quarterly Macro Review
It seems that we wake up each day to a new significant news story. It's hard to keep up. This quarter, we try to provide a relevant narrative out of the complex array of events bombarding us each day. Within that narrative, what does it mean for our investment allocations?