Bear Market
Investment Outlook: Bear Markets During My 50 years of Investing
As I reached my 50 years as a professional researching stocks, and 45 years since founding Beese Fulmer.   I have had my fair share of bear markets.
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Investment Outlook Q2 2025 Newsletter
We’re pleased to share our latest Investment Outlook Newsletter, featuring market commentary, firm developments, and financial planning tools designed to help clients invest with clarity. Market Recap: Equities rallied in Q2, with broader participation beyond tech.
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Investment Outlook: Staying Rational: Navigating Market Volatility with Confidence
The financial markets have recently experienced heightened volatility, evidenced by market corrections and discussions surrounding potential economic slowdowns. While such fluctuations can understandably cause investor concern, maintaining a rational perspective and adhering to a disciplined investment strategy is crucial.
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Investment Outlook: Understanding Tariffs: The Good, the bad, and the Complex
A tariff is a tax imposed by a government on imported goods. The primary function of a tariff is to make foreign products more expensive, thereby encouraging consumers to buy domestically produced alternatives.
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When Complexity Outgrows Your broker
The Role of Specialization in Managing private Wealth
We’ve all heard the saying: “You don’t know what you don’t know. ” When it comes to managing complex wealth and family dynamics, this couldn’t be more true.
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Investment Outlook: A Tale of Two Companies
In 2023, both Raytheon Technologies (RTX) and Boeing (BA) encountered substantial quality-control issues that impacted their operations and stock prices. The contrasting management responses to these crises significantly influenced investor sentiment and market performance.
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Investment Outlook: Third Quarter 2024 Market Recap
The third quarter witnessed a few reversals. The upward trend in interest rates reversed with the widely anticipated first Fed rate cut since the Covid days of 2020.
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Investment Outlook: Second Quarter 2024 Market Recap
We are halfway through 2024 and the equity markets have continued to march higher. While the second quarter was not as strong as the first, the stock market has proven to be resilient.
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Investment Outlook: Eaton and Ingersoll Rand – Quality Businesses with the Wind in Their Sales
The United States is entering a new industrial investment cycle. Federal funding totaling more than $2 trillion is being put to work improving American infrastructure, as discussed in our Q2 2023 article “The Challenges of US Infrastructure Spending.
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Bull and Bear
Investment Outlook: A Review of Threats to the Current Bull Market
The U. S. stock market has been in a bull market since the low point reached in March 2020.
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Investment Outlook: Don’t Put All Your Eggs in One Basket: Why Diversification Wins, Even During Market Surges
Don't Put All Your Eggs in One Basket: Why Diversification Wins, Even During Market Surges

The allure of a hot stock or a concentrated market rally can be intoxicating for investors.
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Investment Outlook: When Should We Worry About Deficits?
Anyone who looks at the simple math of our Federal Deficits should be worried.
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Investment Outlook: Quality Investing: Recent Changes to Our Portfolios Driven by Beese Fulmer Buy and Sell Disciplines.
In our previous discussion, we outlined our quality investing process which emphasizes companies with predictable growth, strong profitability, and judicious capital allocation.
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Investment Outlook: Dig a Moat Around Your Digital Life - A Cybersecurity Checklist
While artificial intelligence promises to revolutionize our world, it also provides new opportunities for cybercriminals. As cybersecurity threats become more common, we strongly advise our clients to take the necessary steps to safeguard their private information.
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HEALTHCARE: A Year in Review and Outlook for 2024
By: Robert Szeles, CFA

The year 2023 was a year of few certainties.
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Fourth Quarter 2023 Market Recap: Soft Landing Triggers Stock Rally
Once again, we witnessed a rapid and significant change in the consensus economic outlook which led to a big increase in stock prices.
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