Scott Secrest

Welcome to my archive of newsletter articles and blog posts. For more information on my service offerings, please go to my advisor webpage.

Market Report Fall 2023

The stock and bond markets ended lower during the third quarter. Broadly measured, large U.S. company stocks declined 2.1%, small company stocks lost 4.8%, and foreignstocks were down 3.3%. Bonds lost ground ending down 2.9%. The principal factor weighing on the markets off-and-on over the last year-and-a-half has been the interest rate hike cycle orchestrated …

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Patagonia Transfers Shares to Planet Earth

Patagonia, the well-known apparel and gear company, made headlines in September when it announced that founder and owner Yvon Chouinard and his family have transferred ownership of the company, valued at around $3 billion dollars, primarily to a newly established nonprofit dubbed the Holdfast Collective.

Market Report – Fall 2022

To the vexation of investors everywhere, the market slide, which began in January, continued through the third quarter. U.S. large-company stocks were down 4.9%, small-company stocks were off by 2.2%, foreign stocks slid 9.4%, and bonds lost 4.8%.

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