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News & Commentaries


Q4 2025 Market Commentary
As we enter the final quarter of the year, the economy continues to grow and the stock market continues to rally. Both the economy and the stock market are being increasingly pulled by the technology sector. Outside of the technology sector, things are not as robust. Inflation continues to be stubbornly high and the employment market is weakening. In this commentary, we will discuss the policy challenges this creates for the Federal Reserve because the policy tools needed


Q3 2025 Market Commentary
The financial markets ended the first quarter with a sharp sell-off centered around high valuations and tariffs. In our opinion, the...


Q2 2025 Market Commentary
The markets have had a steep sell-off over the first quarter of 2025. In our last commentary, we mentioned that valuations on the...


Q1 2025 Market Commentary
In our last commentary, we talked about how we believe that after two strong years in the financial market, that 2025 will be tougher,...


Q4 2024 Market Commentary
As we head into the fourth quarter of the year, most market watchers are upbeat. Corporate earnings have been solid, inflation continues...


Q3 2024 Market Commentary
At the midpoint of the year, the financial market, as measured by the S&P 500 continues to look solid, up over double digits on June 30,...


Q2 2024 MARKET COMMENTARY
2024 has continued the trends of where 2023 left off. The growth rate of inflation has continued to slowly come down, the economy has...


Q1 2024 Market Commentary
After a rough year in the financial markets in 2022, it was a strong year in 2023. However, according to Barron’s magazine, just a...


Q4 2023 Market Commentary
DOWNLOAD The summer months are historically the weakest months in the market and this year was no exception. The S&P 500 and the Dow...


Q3 2023 Market Commentary
Download The Consumer Price Index, the key inflation gauge that measures price changes for a basket of goods and services, increased 4%...


Q2 2023 Market Commentary
In this commentary we discuss the indicators that suggest inflation may be easing, and how that will help the financial markets. We will...


SCM Address
Schnieders Capital Management is now located on South Los Robles Ave in Pasadena. We are just 4 blocks West of our previous address. ...


Q1 2023 Market Commentary
DOWNLOAD As we head into the New Year, we finish the worst year in the financial markets since the “2008-2009 Great Recession.” The...


Q4 2022 Market Commentary
DOWNLOAD Inflation is the biggest problem facing the stock market today, and is primarily responsible for the fourth worst performing...


Q3 2022 Market Commentary
Download After a great ten-year run in the financial markets, the first six months of 2022 has been the worst start to a year since 1932....


Q2 2022 Market Commentary
DOWNLOAD For the first quarter of 2022, the major market indexes finished down for the first time in two years, with the technology...


Q1 2022 Market Commentary
Download Inflation, even if it slows down later in the year, and a tighter monetary policy will put pressure on the market in 2022. We...


Q4 2021 Market Commentary
DOWNLOAD As we head into the final quarter of the year, September has once again lived up to its track record of being the worst month of...


Q3 2021 Market Commentary
DOWNLOAD As the economy begins to open up, inflation has begun to rear its ugly head. In this commentary, we will highlight why inflation...


Q2 2021 Market Commentary
DOWNLOAD As we head into spring, the Federal Reserve has updated its forecast and is now projecting the U.S. economy to recover more...
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