# Our Thinking

URL: https://whiteoakfinancialmanagement.com/our-thinking/

> Client letters from White Oak Financial Management, published unedited.
> Each was written about the market as it stood on its date, so the date is
> part of the meaning.

---

137 posts. Full text of all of them: https://whiteoakfinancialmanagement.com/llms-full.txt

- 2026-08-17 — [Market at All-Time Highs. Should We Be Worried?](https://whiteoakfinancialmanagement.com/2026/08/17/market-at-all-time-highs-should-we-be-worried/) — Market Commentary
- 2026-08-13 — [Market Commentary from Laura McCue](https://whiteoakfinancialmanagement.com/2026/08/13/market-commentary-from-laura-mccue/) — Market Commentary
- 2026-06-03 — [White Oak Privacy Policy](https://whiteoakfinancialmanagement.com/2026/06/03/white-oak-privacy-policy/) — Processes
- 2026-05-26 — [Solid Earnings, Shifting Conditions: A Mid-Year Perspective](https://whiteoakfinancialmanagement.com/2026/05/26/solid-earnings-shifting-conditions-a-mid-year-perspective/) — Market Commentary
- 2026-03-21 — [Navigating the Market: War, Rotation, and Earnings](https://whiteoakfinancialmanagement.com/2026/03/21/navigating-the-market-war-rotation-and-earnings/) — Market Commentary
- 2026-01-16 — [Important: White Oak Annual Disclosure Update](https://whiteoakfinancialmanagement.com/2026/01/16/important-white-oak-annual-disclosure-update/) — Processes
- 2025-12-24 — [Happy Holidays & A Look at US GDP](https://whiteoakfinancialmanagement.com/2025/12/24/happy-holidays-a-look-at-us-gdp/) — Market Commentary
- 2025-11-12 — [Year-End Charitable Giving Strategies](https://whiteoakfinancialmanagement.com/2025/11/12/year-end-charitable-giving-strategies/) — Taxes & Rules
- 2025-10-10 — [Market Volatility and Earnings Season Ahead](https://whiteoakfinancialmanagement.com/2025/10/10/market-volatility-and-earnings-season-ahead/) — Market Commentary
- 2025-07-28 — [A View of the Markets](https://whiteoakfinancialmanagement.com/2025/07/28/a-view-of-the-markets/) — Market Commentary
- 2025-05-06 — [Market Commentary](https://whiteoakfinancialmanagement.com/2025/05/06/market-commentary-2/) — Market Commentary
- 2025-05-01 — [The "R" Word](https://whiteoakfinancialmanagement.com/2025/05/01/the-r-word/) — Market Commentary
- 2025-04-06 — [Tariffs and Market Stress](https://whiteoakfinancialmanagement.com/2025/04/06/tariffs-and-market-stress/) — Market Commentary
- 2025-03-27 — [Annual Regulatory Documents](https://whiteoakfinancialmanagement.com/2025/03/27/annual-regulatory-documents/) — Processes
- 2025-03-13 — [A Perspective on Trade Deficits & Tariffs](https://whiteoakfinancialmanagement.com/2025/03/13/a-perspective-on-trade-deficits-tariffs/) — Market Commentary
- 2025-03-03 — [Reflections on the Market (and Tariffs)](https://whiteoakfinancialmanagement.com/2025/03/03/reflections-on-the-market-and-tariffs/) — Market Commentary
- 2025-01-13 — [Important Information from White Oak](https://whiteoakfinancialmanagement.com/2025/01/13/important-information-from-white-oak-2/) — Processes
- 2024-10-11 — [Fidelity Data Breach](https://whiteoakfinancialmanagement.com/2024/10/11/fidelity-data-breach/) — Processes
- 2024-10-04 — [White Oak Update](https://whiteoakfinancialmanagement.com/2024/10/04/white-oak-update/) — Processes
- 2024-09-29 — [Hurricane Helene & White Oak](https://whiteoakfinancialmanagement.com/2024/09/29/hurricane-helene-white-oak/) — Processes
- 2024-09-16 — [Falling Interest Rates & The Market](https://whiteoakfinancialmanagement.com/2024/09/16/falling-interest-rates-the-market/) — Market Commentary
- 2024-08-12 — [A Bumpy Ride](https://whiteoakfinancialmanagement.com/2024/08/12/a-bumpy-ride/) — Market Commentary
- 2024-05-20 — [Dow 40,000 and the Rule of 72](https://whiteoakfinancialmanagement.com/2024/05/20/dow-40000-and-the-rule-of-72/) — Market Commentary
- 2024-04-25 — [Economic Activity (GDP)](https://whiteoakfinancialmanagement.com/2024/04/25/economic-activity-gdp/) — Market Commentary
- 2024-03-19 — [A Perspective on the Banks](https://whiteoakfinancialmanagement.com/2024/03/19/a-perspective-on-the-banks/) — Market Commentary
- 2024-01-22 — [The Long Road Back](https://whiteoakfinancialmanagement.com/2024/01/22/the-long-road-back/) — Market Commentary
- 2023-12-06 — [Monitoring Stress](https://whiteoakfinancialmanagement.com/2023/12/06/monitoring-stress/) — Market Commentary
- 2023-10-28 — [Markets & Indexes](https://whiteoakfinancialmanagement.com/2023/10/28/markets-indexes/) — Market Commentary
- 2023-09-19 — [Trading Ranges](https://whiteoakfinancialmanagement.com/2023/09/19/trading-ranges/) — Market Commentary
- 2023-07-18 — [A Summer Reflection](https://whiteoakfinancialmanagement.com/2023/07/18/a-summer-reflection/) — Market Commentary
- 2023-05-29 — [Market Insights](https://whiteoakfinancialmanagement.com/2023/05/29/market-insights/) — Market Commentary
- 2023-05-29 — [Yearly Check-In](https://whiteoakfinancialmanagement.com/2023/05/29/yearly-check-in/) — Processes
- 2023-04-24 — [Innovation: Meaningful CO2 Reduction](https://whiteoakfinancialmanagement.com/2023/04/24/innovation-meaningful-co2-reduction/) — Market Commentary
- 2023-03-13 — [The Ghost of Christmas Past](https://whiteoakfinancialmanagement.com/2023/03/13/the-ghost-of-christmas-past/) — Market Commentary
- 2023-03-03 — [Market Snapshot](https://whiteoakfinancialmanagement.com/2023/03/03/market-snapshot-3/) — Market Snapshot
- 2023-02-07 — [Market Snapshot](https://whiteoakfinancialmanagement.com/2023/02/07/market-snapshot/) — Market Snapshot
- 2023-02-01 — [Innovation - Artificial Intelligence](https://whiteoakfinancialmanagement.com/2023/02/01/innovation-artificial-intelligence/) — Market Commentary
- 2022-12-22 — [Let’s Not Overlook American Innovation](https://whiteoakfinancialmanagement.com/2022/12/22/lets-not-overlook-american-innovation/) — Market Commentary
- 2022-12-14 — [Reviewing Online Safety](https://whiteoakfinancialmanagement.com/2022/12/14/reviewing-online-safety/) — Processes
- 2022-09-28 — [Point and Figure Indicators](https://whiteoakfinancialmanagement.com/2022/09/28/point-and-figure-indicators-6/) — Market Snapshot
- 2022-09-23 — [Point and Figure Indicators](https://whiteoakfinancialmanagement.com/2022/09/23/point-and-figure-indicators-5/) — Market Snapshot
- 2022-09-23 — [The Thing About Down Markets](https://whiteoakfinancialmanagement.com/2022/09/23/the-thing-about-down-markets/) — Market Commentary
- 2022-09-08 — [Point and Figure Indicators](https://whiteoakfinancialmanagement.com/2022/09/08/point-and-figure-indicators-4/) — Market Snapshot
- 2022-08-10 — [Point and Figure Indicators](https://whiteoakfinancialmanagement.com/2022/08/10/point-and-figure-indicators-3/) — Market Snapshot
- 2022-08-09 — [Which one is it – Recession or No Recession?](https://whiteoakfinancialmanagement.com/2022/08/09/which-one-is-it-recession-or-no-recession/) — Market Commentary
- 2022-07-11 — [Point and Figure Indicators](https://whiteoakfinancialmanagement.com/2022/07/11/point-and-figure-indicators/) — Market Snapshot
- 2022-07-08 — [Extreme Negativity and the Markets](https://whiteoakfinancialmanagement.com/2022/07/08/extreme-negativity-and-the-markets/) — Market Commentary
- 2022-07-08 — [Market Commentary](https://whiteoakfinancialmanagement.com/2022/07/08/market-commentary/) — Market Commentary
- 2022-07-08 — [Point and Figure Indicators](https://whiteoakfinancialmanagement.com/2022/07/08/point-and-figure-indicators-2/) — Market Snapshot
- 2022-06-13 — [Why? A Declining Multiple](https://whiteoakfinancialmanagement.com/2022/06/13/why-a-declining-multiple/) — Market Commentary
- 2022-05-10 — [Sector Update and Company Retirement Plan Recommended Action](https://whiteoakfinancialmanagement.com/2022/05/10/sector-update-and-company-retirement-plan-recommended-action/) — Market Commentary
- 2022-04-28 — [Volatility Not Just in the Stock Market](https://whiteoakfinancialmanagement.com/2022/04/28/volatility-not-just-in-the-stock-market/) — Market Commentary
- 2022-04-21 — [Important Information from White Oak](https://whiteoakfinancialmanagement.com/2022/04/21/important-information-from-white-oak/) — Processes
- 2022-03-28 — [Market Update](https://whiteoakfinancialmanagement.com/2022/03/28/market-update-3/) — Market Snapshot
- 2022-03-04 — [Providing Context](https://whiteoakfinancialmanagement.com/2022/03/04/providing-context/) — Market Commentary
- 2022-02-28 — [Ukraine and Market Uncertainty](https://whiteoakfinancialmanagement.com/2022/02/28/ukraine-and-market-uncertainty/) — Market Commentary
- 2022-01-23 — [Will It Go Around in Circles?](https://whiteoakfinancialmanagement.com/2022/01/23/will-it-go-around-in-circles/) — Market Commentary
- 2021-11-29 — [A Black Friday for the Markets](https://whiteoakfinancialmanagement.com/2021/11/29/a-black-friday-for-the-markets/) — Market Commentary
- 2021-11-22 — [Important Roth IRA Conversion Information](https://whiteoakfinancialmanagement.com/2021/11/22/important-roth-ira-conversion-information/) — Taxes & Rules
- 2021-11-08 — [The Season for Earnings](https://whiteoakfinancialmanagement.com/2021/11/08/the-season-for-earnings/) — Market Commentary
- 2021-10-18 — [Happy Fall](https://whiteoakfinancialmanagement.com/2021/10/18/happy-fall/) — Market Commentary
- 2021-08-30 — [Weathering the COVID Storm](https://whiteoakfinancialmanagement.com/2021/08/30/weathering-the-covid-storm/) — Market Commentary
- 2021-08-25 — [To Everything There is a Season](https://whiteoakfinancialmanagement.com/2021/08/25/2671/) — Market Commentary
- 2021-07-16 — [Corporate Earnings Will Lead Us](https://whiteoakfinancialmanagement.com/2021/07/16/corporate-earnings-will-lead-us/) — Market Commentary
- 2021-05-19 — [A Brief Update](https://whiteoakfinancialmanagement.com/2021/05/19/a-brief-update/) — Market Commentary
- 2021-05-19 — [The Markets & Main Street](https://whiteoakfinancialmanagement.com/2021/05/19/the-markets-main-street/) — Market Commentary
- 2021-04-28 — [Making Comparisons Meaningful](https://whiteoakfinancialmanagement.com/2021/04/28/2652/) — Market Commentary
- 2021-04-13 — [Asset Class Rotation and Momentum Investing](https://whiteoakfinancialmanagement.com/2021/04/13/asset-class-rotation-and-momentum-investing/) — Market Commentary
- 2021-03-26 — [Market Conditions](https://whiteoakfinancialmanagement.com/2021/03/26/market-conditions-3/) — Market Snapshot
- 2021-03-22 — [Update from White Oak](https://whiteoakfinancialmanagement.com/2021/03/22/update-from-white-oak-8/) — Taxes & Rules
- 2021-03-18 — [IRS Deadline Changes](https://whiteoakfinancialmanagement.com/2021/03/18/irs-deadline-changes/) — Taxes & Rules
- 2021-03-11 — [Market Conditions](https://whiteoakfinancialmanagement.com/2021/03/11/market-conditions-2/) — Market Snapshot
- 2021-03-09 — [Where Do We Stand Today?](https://whiteoakfinancialmanagement.com/2021/03/09/where-do-we-stand-today/) — Market Commentary
- 2021-03-08 — [So Now What?](https://whiteoakfinancialmanagement.com/2021/03/08/so-now-what/) — Market Commentary
- 2021-02-05 — [Market Conditions](https://whiteoakfinancialmanagement.com/2021/02/05/market-conditions/) — Market Snapshot
- 2021-02-05 — [Point and Figure Indicators](https://whiteoakfinancialmanagement.com/2021/02/05/market-snapshot-2/) — Market Snapshot
- 2021-02-04 — [Are Valuations Too Lofty?](https://whiteoakfinancialmanagement.com/2021/02/04/are-valuations-too-lofty/) — Market Commentary
- 2021-01-13 — [Office Introductions & Analysis of Financial Markets in Unified Political Environment](https://whiteoakfinancialmanagement.com/2021/01/13/office-introductions-and-analysis-of-financial-markets-in-unified-political-environment/) — Market Commentary, Processes
- 2020-12-31 — [Happy New Year!](https://whiteoakfinancialmanagement.com/2020/12/31/happy-new-year/) — Market Commentary
- 2020-12-28 — [Update from White Oak](https://whiteoakfinancialmanagement.com/2020/12/28/update-from-white-oak-6/) — Market Commentary, Processes
- 2020-12-07 — [Bringing 2020 to a Close](https://whiteoakfinancialmanagement.com/2020/12/07/bringing-2020-to-a-close/) — Market Commentary
- 2020-11-06 — [The Election & Back to Basics (Part 2)](https://whiteoakfinancialmanagement.com/2020/11/06/the-election-back-to-basics-part-2/) — Market Commentary
- 2020-10-22 — [Back to Basics](https://whiteoakfinancialmanagement.com/2020/10/22/back-to-basics/) — Market Commentary
- 2020-09-29 — [Are We Headed in the Right Direction?](https://whiteoakfinancialmanagement.com/2020/09/29/are-we-headed-in-the-right-direction/) — Market Commentary
- 2020-09-21 — [Momentum Investing](https://whiteoakfinancialmanagement.com/2020/09/21/momentum-investing/) — Market Commentary, Processes
- 2020-08-19 — [A Complete Strategy Needs a Plan for Offense & Defense](https://whiteoakfinancialmanagement.com/2020/08/19/a-complete-strategy-needs-a-plan-for-offense-defense/) — Market Commentary
- 2020-08-18 — [Consumers Continue to Power Through](https://whiteoakfinancialmanagement.com/2020/08/18/consumers-continue-to-power-through/) — Market Commentary
- 2020-07-22 — [Does the Index Really Tell the Story?](https://whiteoakfinancialmanagement.com/2020/07/22/does-the-index-really-tell-the-story/) — Market Commentary
- 2020-07-21 — [Update from White Oak](https://whiteoakfinancialmanagement.com/2020/07/21/update-from-white-oak-6-2/) — Market Commentary
- 2020-07-01 — [Consumer Spending During a Pandemic](https://whiteoakfinancialmanagement.com/2020/07/01/consumer-spending-during-a-pandemic/) — Market Commentary
- 2020-07-01 — [The Midway Mark and Portfolio Reviews](https://whiteoakfinancialmanagement.com/2020/07/01/the-midway-mark-and-portfolio-reviews/) — Market Commentary, Processes, Taxes & Rules
- 2020-06-05 — [The Economy Begins to Re-open](https://whiteoakfinancialmanagement.com/2020/06/05/the-economy-begins-to-re-open/) — Market Commentary
- 2020-05-08 — [A Disconnect in the Market](https://whiteoakfinancialmanagement.com/2020/05/08/a-disconnect-in-the-market/) — Market Commentary
- 2020-05-07 — [The Most Powerful Force in the Universe](https://whiteoakfinancialmanagement.com/2020/05/07/the-most-powerful-force-in-the-universe/) — Market Commentary
- 2020-04-30 — [Update from White Oak](https://whiteoakfinancialmanagement.com/2020/04/30/update-from-white-oak-4-2/) — Market Commentary, Processes
- 2020-04-20 — [Oil Prices – A Failure of the Media to Inform](https://whiteoakfinancialmanagement.com/2020/04/20/oil-prices-a-failure-of-the-media-to-inform/) — Market Commentary
- 2020-04-15 — [Update from White Oak](https://whiteoakfinancialmanagement.com/2020/04/15/update-from-white-oak-3/) — Market Commentary
- 2020-04-14 — [Earnings Season during a Pandemic](https://whiteoakfinancialmanagement.com/2020/04/14/earnings-season-during-a-pandemic/) — Market Commentary
- 2020-04-06 — [The Bottoming Process](https://whiteoakfinancialmanagement.com/2020/04/06/the-bottoming-process/) — Market Commentary
- 2020-03-23 — [Changing Tax Deadlines](https://whiteoakfinancialmanagement.com/2020/03/23/changing-tax-deadlines/) — Taxes & Rules
- 2020-03-20 — [A Recession? What Does It Mean for the Markets?](https://whiteoakfinancialmanagement.com/2020/03/20/a-recession-what-does-it-mean-for-the-markets/) — Market Commentary
- 2020-03-18 — [Searching for the Bottom](https://whiteoakfinancialmanagement.com/2020/03/18/searching-for-the-bottom/) — Market Commentary
- 2020-03-17 — [Important Technical Levels](https://whiteoakfinancialmanagement.com/2020/03/17/important-technical-levels/) — Market Commentary
- 2020-03-11 — [Market Irrationality](https://whiteoakfinancialmanagement.com/2020/03/11/market-irrationality/) — Market Commentary
- 2020-03-09 — [Reading Past the Headlines](https://whiteoakfinancialmanagement.com/2020/03/09/reading-past-the-headlines/) — Market Commentary
- 2020-02-27 — [Another Correction](https://whiteoakfinancialmanagement.com/2020/02/27/another-correction/) — Market Commentary
- 2020-01-27 — [Headline Risk & the Threat of a Pandemic](https://whiteoakfinancialmanagement.com/2020/01/27/headline-risk-the-threat-of-a-pandemic/) — Market Commentary
- 2019-12-30 — [Changes to Retirement Savings Rules](https://whiteoakfinancialmanagement.com/2019/12/30/changes-to-retirement-savings-rules/) — Taxes & Rules
- 2019-12-26 — [A December to Forget](https://whiteoakfinancialmanagement.com/2019/12/26/a-december-to-forget/) — Market Commentary
- 2019-12-09 — [Euphoria? Not Yet.](https://whiteoakfinancialmanagement.com/2019/12/09/euphoria-not-yet/) — Market Commentary
- 2019-10-29 — [It’s All About Earnings](https://whiteoakfinancialmanagement.com/2019/10/29/its-all-about-earnings/) — Market Commentary
- 2019-10-22 — [Update from White Oak](https://whiteoakfinancialmanagement.com/2019/10/22/update-from-white-oak-9/) — Market Commentary
- 2019-09-06 — [End of Summer and the Markets](https://whiteoakfinancialmanagement.com/2019/09/06/end-of-summer-and-the-markets/) — Market Commentary, Processes
- 2019-09-04 — [Factor Analysis Resource](https://whiteoakfinancialmanagement.com/2019/09/04/factor-analysis-resource/) — Processes
- 2019-08-22 — [Beyond the Yield Curve](https://whiteoakfinancialmanagement.com/2019/08/22/beyond-the-yield-curve/) — Market Commentary
- 2019-08-15 — [About that Yield Curve Inversion](https://whiteoakfinancialmanagement.com/2019/08/15/about-that-yield-curve-inversion/) — Market Commentary
- 2019-08-05 — [Fear & the Markets](https://whiteoakfinancialmanagement.com/2019/08/05/fear-the-markets/) — Market Commentary
- 2019-07-01 — [Is a Recession Imminent?](https://whiteoakfinancialmanagement.com/2019/07/01/is-a-recession-imminent/) — Market Commentary
- 2019-05-23 — [Update from White Oak](https://whiteoakfinancialmanagement.com/2019/05/23/update-from-white-oak-5/) — Market Commentary
- 2019-04-26 — [2019 – Off to a Good Start](https://whiteoakfinancialmanagement.com/2019/04/26/2019-off-to-a-good-start/) — Market Commentary
- 2019-04-14 — [Focus on Corporate Profits](https://whiteoakfinancialmanagement.com/2019/04/14/focus-on-corporate-profits/) — Market Commentary
- 2019-03-13 — [Trusted Contact](https://whiteoakfinancialmanagement.com/2019/03/13/trusted-contact/) — Processes
- 2019-03-08 — [Update from White Oak](https://whiteoakfinancialmanagement.com/2019/03/08/update-from-white-oak-2/) — Market Commentary
- 2019-02-20 — [The Market Rebounds](https://whiteoakfinancialmanagement.com/2019/02/20/the-market-rebounds/) — Market Commentary
- 2018-12-21 — [A Lump of Coal](https://whiteoakfinancialmanagement.com/2018/12/21/a-lump-of-coal/) — Market Commentary
- 2018-12-21 — [Market Update from White Oak](https://whiteoakfinancialmanagement.com/2018/12/21/market-update-from-white-oak/) — Market Commentary
- 2018-12-06 — [Market Perspective: Is the Route Clear?](https://whiteoakfinancialmanagement.com/2018/12/06/market-perspective-is-the-route-clear/) — Market Commentary, Processes
- 2018-11-27 — [Daily Volatility](https://whiteoakfinancialmanagement.com/2018/11/27/daily-volatility/) — Market Commentary
- 2018-11-01 — [Market Update](https://whiteoakfinancialmanagement.com/2018/11/01/market-update-2/) — Market Commentary
- 2018-10-25 — [S&P 500 Peak Earnings](https://whiteoakfinancialmanagement.com/2018/10/25/sp-500-peak-earnings/) — Market Commentary
- 2018-10-15 — [Market Pullback](https://whiteoakfinancialmanagement.com/2018/10/15/market-pullback/) — Market Commentary
- 2018-10-04 — [Rising Rates](https://whiteoakfinancialmanagement.com/2018/10/04/rising-rates/) — Market Commentary
- 2018-10-02 — [The Effect of Rising Rates on Equities](https://whiteoakfinancialmanagement.com/2018/10/02/the-effect-of-rising-rates-on-equities/) — Market Commentary
- 2018-08-02 — [Market Update](https://whiteoakfinancialmanagement.com/2018/08/02/market-update/) — Market Commentary
- 2018-03-24 — [Lifespan of a Market Correction](https://whiteoakfinancialmanagement.com/2018/03/24/lifespan-of-a-market-correction/) — Market Commentary
- 2018-02-05 — [Recent Market Volatility](https://whiteoakfinancialmanagement.com/2018/02/05/recent-market-volatility/) — Market Commentary
- 2018-01-08 — [Looking Back – Looking Forward](https://whiteoakfinancialmanagement.com/2018/01/08/looking-back-looking-forward/) — Market Commentary