Quarterly Commentary


2016 First Quarter Report

If MCS clients’ investments were treated as one large portfolio including their cash, on average clients gained 1.44% after fees. The range of individual client returns was from...
Michael C. Stalker

2015 Third Quarter Report1

Despite the 3rd quarter turmoil, MCS client portfolios remained stable. If MCS clients’ investments were treated as one large portfolio including their cash, the nine month 2015...
Michael C. Stalker

2015 Second Quarter Report1

I am playing with the format of this report to hopefully make it more accessible. MCS clients’ interest in financial markets varies considerably. Finance is fascinating for some...
Michael C. Stalker

2014 Third Quarter Report1

If MCS clients were one large portfolio, the year-to-date return through September 30th was 6.42%. Individual client returns ranged between 3.09% and 11.50%. The client with the...
Michael C. Stalker