General Market Commentary as of June 30, 2020 After consumer spending fell a record 13.6% in April due to the lockdowns, the reopening of states and businesses around the country helped stocks rebound from their March lows. The month of April saw indices ...
General Market Commentary as of March 31, 2020 Q1 of 2020 saw the 11-year bull market run come to an abrupt end. The World Health Organization (WHO) declared COVID-19 a pandemic and by then fear had already spread throughout the market as sectors suffere ...
General Market Commentary as of December 31, 2019 The fourth quarter capped off a strong 2019, with the S&P 500 up 9.1% in the quarter, finishing the year with a 31.5% gain. This run led to the US market entering into the longest bull market on recor ...
General Market Commentary as of September 30, 2019 The third quarter saw, for the first time in over a decade, the Federal Reserve cutting interest rates (not once but twice). Data suggests that later this month we are likely to see a third rate cut in a ...
General Market Commentary as of June 30, 2019 The stock and bond markets are displaying a dichotomy of outcomes for the remaining months of 2019. Falling bond yields and an inverted yield curve appears to be signaling slower economic growth. On the other ...
General Market Commentary as of March 31, 2019 After a dismal fourth quarter, the first quarter of 2019 got off to a fast start for both bonds and stocks. Coming off its worst quarterly performance since 2011, the S&P 500 rebounded 13.1% in Q1 for ...
General Market Commentary as of December 31, 2018 Stock market Investors certainly are relieved that 2018 is over. No wonder. It was a bruising year, the worst since 2008 during the financial crisis, as the S&P 500 fell 6.2% and a bear market seem ...
General Market Commentary as of September 30, 2018 Global economic growth continues at a steady pace. US GDP came in at a 4.2% annualized rate for the 2nd quarter (reported in the 3rd quarter). The economy is in its 9th year of economic expansion, the 3r ...
General Market Commentary as of June 30, 2018 The volatility introduced into the stock market earlier this year by trade tiffs and tantrums has naggingly persisted into summer. All this has played out against the background of a surging U.S. economy. Whi ...
General Market Commentary as of March 31, 2018 Global equity markets declined in Q1 with investors unnerved first by concerns about the path of US interest rates and then worries over trade. Global bond markets reflected higher inflation, with most major ...
