On occasion I have half-heartedly joked that when I was young, I read books. As I aged, I focused more on periodicals. With the introduction of smart phones and social
Weekly Review & Outlook: July 17, 2023
The Redwood Fund gained +12.67% in June net of fees. For the first half of the year, the Fund gained +8.61% net of fees compared to the Nasdaq BANK index
Weekly Review & Outlook: July 10, 2023
Evidence demonstrates modest economic growth occurred in 2Q23 as manufacturing contracted but was more than offset by expansion in the services sector particularly in Consumer facing industries such as Leisure
Weekly Review & Outlook: July 3, 2023
The latest inflation data for May came in mostly in-line and the annual large bank stress test had a 100% pass rate. The net impact was higher equity prices, particularly
Weekly Review & Outlook: June 26, 2023
By Scott Hallermann. Key macro-economic data continues to signal elevated near to intermediate term recession risks. In my opinion, much of the risks are reflected in bank stock prices while
Weekly Review & Outlook: May 22, 2023
By Scott Hallermann. With interest rate risk still at the forefront in assessing the banking sector outlook, I note 2 key events preceding the June 14 FOMC meeting. This Friday