John H. Crawford, III

John Crawford, III is the Chairman and Chief Investment Officer at Crawford Investment Counsel. John founded the firm in 1980. In addition to serving on the Equity Investment Team and the Bond Policy Committee, John is responsible for assessing trends and relative value among asset classes and establishing the firm’s overall outlook on the economy and markets. Prior to establishing the firm, Mr. Crawford spent ten years with Lionel D. Edie & Co., a New York based investment counseling firm.

Mid-Quarter Update - February 2023

The rising tide of optimism that was evident in January is being followed by a period of uncertainty around what is ultimately required for the Federal Reserve (Fed) to complete their work.

February 23, 2023 3 min read

December 2022 | Quarterly Letter

In 2022 both stock and bond investors suffered bear markets. In the midst of Covid, high inflation, the war in Europe, and sharply rising interest rates, all investors were tested, and all are ready for a new opportunity in 2023.

January 18, 2023 6 min read

Mid-Quarter Update - November 2022

As we approach the end of a challenging year, “watching and waiting” seems an apt description of the posture of investors.

November 21, 2022 3 min read

September 2022 | Quarterly Letter

2022 has been a very challenging year with bear markets in both stocks and bonds, due in large part to the excesses we discussed in our year end 2021 letter.

October 05, 2022 6 min read

Mid-Quarter Update - August 2022

At midpoint in the third quarter we are very pleased that both stock and bond markets have recovered significantly from their June 30 low points.

August 15, 2022 4 min read

June 2022 | Quarterly Letter

During the second quarter, both stock and bond investors were forced to endure bear market conditions.

July 15, 2022 6 min read

Mid-Quarter Update - May 2022

We saw that April was a cruel month for investors in both stocks and bonds. After a brief reprieve in March, the stock market resumed its downward path.

May 13, 2022 4 min read

March 2022 | Quarterly Letter

Of the many uncertainties we face, we believe the greatest is that which surrounds the potential outcome of the conflict between inflation and the Fed.

April 18, 2022 6 min read