Blog

Market Summary Risk assets continued their climb higher during the quarter. There were hopes of another round of stimulus, but Congress has been unable to agree on a path. Many Americans have been able to get back to work as the...

Stocks rallied in the second quarter thanks to significant fiscal and monetary stimulus (see the first quarter market commentary, “Bumpy Start to 2020”). The S&P 500 Index was up 20.5% for the quarter as investors...

As Americans adjust their spending habits in a rapidly changing economy, they are building cash reserves at an unprecedented rate.The Bureau of Economic Analysis reported on May 29th that the personal savings rate hit a historic 33%...

The S&P 500 Index ended the week down 2.1% on the back of another large weekly jobless number, nearly 10 million people have filed for unemployment over the past two weeks! Small businesses are being hit especially hard during this...

First Quarter Market Summary Stocks were hammered in the second half of the quarter. After gaining 4.8% through February 19, 2020, the S&P 500 Index fell nearly 34% from its high to close at its low on March 23rd, just 33 days later....

Markets were down again this week by 15% to extend the year-to-date losses to -28.7%. Many stores have shut down and employees are being sent home. Cases of coronavirus continue to rise as the effects of social distancing wont been...

What a week! All major stock indexes fell into a bear market as economic concerns over COVID-19 continued to spread. Due to the highly contagious nature of the virus, we’ve see many cancellations of major sporting events,...

Stocks managed to squeak out a gain this week, the S&P 500 index closed up 0.6%. Fears over Coronavirus continued to drive headlines. Treasuries rallied this week as investors continue to flow to safe assets. The 10-year Treasury yield...

In a wild week for stocks, the S&P 500 Index ended down 11.5% for the week. Fears of a global stall caused by the spreading Coronavirus drove stocks down the entire week. The 10-year Treasury yield set a record low and ended the week...

In the fourth quarter, stocks added to an already stellar year. US stocks were up 9.1% for the quarter with Technology and Health Care leading the way, each sector was up over 14%. The forward P/E ratio on the S&P 500 Index was 18.2x...

Market Summary US stocks were able to weather fears of an economic slowdown and the continued trade war with China to end the quarter with a 0.8% gain on the Wilshire 5000 Index. During the quarter, the Federal Reserve cut its lending...

Second Quarter Market Summary A solid second quarter for both equities and fixed income have helped create excellent year-to-date numbers. Although economic growth appears to be slowing, the global economy is still growing. Despite...

“Inversion of the Yield Curve” 1st Quarter Commentary – March 2019 First Quarter Market Summary What a difference from the fourth quarter! Nearly the entire 14.3% decline the market experienced in the fourth quarter...