OUR VIEW OF THE MARKET

By William N. Hudson, Jr., David D. Burrows, William Hudson III, Evan Coppola and Jeremy Hudson

First Quarter Newsletters	Second Quarter Newsletters	Third Quarter Newsletters	Fourth Quarter Newsletters
First Quarter 2022	Second Quarter 2022	Third Quarter 2022	Fourth Quarter 2022
First Quarter 2021	Second Quarter 2021	Third Quarter 2021	Fourth Quarther 2021
First Quarter 2020	Second Quarter 2020	Third Quarter 2020	Fourth Quarter 2020
First Quarter 2019	Second Quarter 2019	Third Quater 2019	Fourth Quarter 2019
First Quarter 2018	Second Quarter 2018	Third Quarter 2018	Fourth Quarter 2018
First Quarter 2017	Second Quarter 2017	Third Quarter 2017	Fourth Quarter 2017
First Quarter 2016	Second Quarter 2016	Third Quarter 2016	Fourth Quarter 2016
First Quarter 2015	Second Quarter 2015	Third Quarter 2015	Fourth Quarter 2015
First Quarter 2014	Second Quarter 2014	Third Quarter 2014	Fourth Quarter 2014
First Quarter 2013	Second Quarter 2013	Third Quarter 2013	Fourth Quarter 2013
First Quarter 2012	Second Quarter 2012	Third Quarter 2012	Fourth Quarter 2012
First Quarter 2011	Second Quarter 2011	Third Quarter 2011	Fourth Quarter 2011
First Quarter 2010	Second Quarter 2010	Third Quarter 2010	Fourth Quarter 2010
First Quarter 2009	Second Quarter 2009	Third Quarter 2009	Fourth Quarter 2009
First Quarter 2008	Second Quarter 2008	Third Quarter 2008	Fourth Quarter 2008