For the last few months, we have discussed with you that despite the current economic and corporate profit tailwinds, stock and bond valuations did not leave a lot of room for meaningful gains in 2022. Our outlook for this year called for an increase in volatility. We...

A new year typically brings reflection on the one passed and resolution for the one ahead. The investment world celebrated a solid calendar year for stocks and just as quickly, we hit the reset button for 2022 and started again. In 2021, we saw the economy recover...

A Sendero tradition that our founder Fred Middleton started early in his career is our, “Reasons why people did not invest in the stock market.” This annual list goes back to 1934 and highlights an event or a reason why you should not invest in the S&P 500....

While earnings get all the headlines, at Sendero we are paying attention to corporate profit margins. Profit margin gauges the degree to which a company or a business activity makes money, essentially by dividing income by revenues. Expressed as a percentage,...

We hope everyone had a wonderful Thanksgiving. As we are getting ready for the holiday season, there have been many headlines about how much the cost of the Thanksgiving and Christmas meals have increased since 2020. According to the American Farm Bureau Federation,...

 As we prepare client portfolios for more volatility and higher interest rates, the question will be is the Fed ready and willing to make that transition?  We believe the unwinding of the emergency monetary policies of 2020 will...