Commentary by Benjamin “Ben” Carew, CFA
Ben Carew is a shareholder, Vice President, and Portfolio Manager for Tandem Investment Advisors, Inc. Mr. Carew joined Tandem in 2013. Mr. Carew manages Tandem’s trading desk, overseeing day-to-day investment operations, including trading, quantitative and fundamental research, and portfolio management. Mr. Carew also oversees Tandem’s internship program. Mr. Carew is a regular member of the CFA Institute and the CFA Society South Carolina. Mr. Carew currently serves as the Vice Chair for College of Charleston’s School of Business Investment Program, a student program seeking to provide the opportunity for a select group of students to distinguish themselves academically, professionally, and personally. Mr. Carew is a graduate of the College of Charleston’s School of Business, earning a Bachelor of Arts in Economics with a minor in Finance.

July 26, 2022

It has been a pleasant start to the quarter – a welcome change of pace from Q1 and Q2. So far, the major indices have all rallied, yields and commodities have been stable, and volatility has meaningfully dissipated.

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June 27, 2022

Violent swings within the stock market have become familiar and ordinary. After Notes was last published, the S&P 500 experienced its worst week since March of 2020 before following it up with one of its finest post-COVID rallies.

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June 13, 2022

June started slowly as the market found respite in a summer calm. In fact, for the first week the S&P traded in a fairly tight 100-point range. That changed on a dime though as stocks took another leg lower last week.

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May 16, 2022

The major U.S. equity indices moved lower once more last week – though they regained roughly half of their losses in Friday’s session to cap the volatile week. The S&P 500 has now dropped for six straight weeks, its longest losing streak since 2011.

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May 2, 2022

It has been a little over a month since Notes was last published and what a month it was. The Nasdaq’s 13.3% decline was its worst since the depths of the financial crisis in October 2008.

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