The S&P 500 delivered its strongest quarterly performance since 2020 this past quarter, ascending its tech-built scaffolding to dizzying heights.

We performed well this quarter, but not without the market subjecting us to a head-swiveling display of now-you-see-it-now-you-don’t theatrics that were enough to threaten us with double-vision.

As the S&P 500 continues its perilous ascent up the sheer rock face of worry that is today’s stock market, it’s hard not to marvel at the dizzying heights it’s been able to achieve.

Our portfolio lagged the S&P 500 Index modestly this past quarter. Color us not surprised.