During my eighty-seven years, I have witnessed a whole succession of technological revolutions. But none of them has done away with the need for character in the individual or the ability to think.”
January 12, 2026
Both the equity and bond markets delivered solid gains in 2025, marking three consecutive years of positive gains.
2025 was marked by heightened anxiety throughout the year. However, that anxiety proved mostly unwarranted as markets around the globe saw steady gains after the first quarter. The most significant change from one year...