2nd Quarter 2018 Summary
July 17, 2018
It’s getting later in the cycle and time to weigh the rising risks, like trade, alongside the continued rewards, such as strong economic growth. Earnings growth has been stellar and remains a tailwind but be wary of a very high expectations bar heading into 2019.
Our Thoughts on Recent Market Volatility
February 6, 2018
2018 is certainly off to an interesting start. The S&P 500 ended January up about 5.6%, and by February 5th, the YTD was slightly negative. The last couple of days brought us back to the harsh reality that there actually is risk (volatility) in the stock market.
1st Quarter 2017 Summary
April 13, 2017
After a party is over, and the host turns on the lights, the picture often looks quite different than it did just a few minutes before. The realities of the difficulties in the U.S. political process are being recognized. This has allowed some of the sentiment froth to ease, which we believe is a healthy development.
4th Quarter 2016 Summary
January 9, 2017
Since the U.S. elections in November, the Dow Jones Industrial Average index exploded to a new record high. Within several weeks of the election, the S&P 500 index, the technology-heavy Nasdaq index, and the small company Russell 2000 index all followed the Dow Jones lead, and achieved new all-time highs...
3rd Quarter 2016 Summary
October 14, 2016
Sports fans know that the fourth quarter is often when much of the game-deciding action occurs, and that may be the case for the stock market this year. The Federal Reserve has pushed the possibility of a rate hike this year into the final quarter; the long-awaited return to positive earnings growth may or may not be in store this quarter...