Posts Tagged ‘Stock Market’

Q2 2020 – Second Quarter Stock Market Commentary

There is an old saying on Wall Street, “The stock market is not the economy and the economy is not the stock market.” We all got a little taste of that this past quarter when we saw a negative -4.8% GDP in the first quarter and predictions of negative -30% to -50% GDP for the second quarter. We saw record…

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2020 First Quarter (Q1) Market Commentary

Most economic slowdowns occur over time with a slow deterioration of Employment, Consumer Confidence, and Gross Domestic Product (GDP). Companies generally tighten their belts and the Fed and Government make monetary and fiscal policy changes to help soften the blow and eventually we come back slowly. It’s called the business cycle. We have been going…

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Coronavirus Concerns? Consider Past Health Crises

During the last week of February 2020, the S&P 500 lost 11.49% — the worst week for stocks since the 2008 financial crisis — only to jump by 4.6% on the first Monday in March.1 By all accounts, the drop was largely driven by ever-increasing fears about the potential effects of the coronavirus (COVID-19) and its…

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2019 Q4 Market Commentary

One year ago, the market was convinced that our economy was headed for a recession and we began 2019 on the heels of one of the worst quarterly market returns in more than a decade.  This could not have been further from the truth.  Once the market figured out that a recession was not happening,…

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2019 Q3 Market Commentary

During the quarter we saw two major market indicators, both with drastically different signals for market watchers.  The first and most publicized was the inversion of the yield curve.  There are many different measures for this; but in a nutshell, the yield on the 2-year Treasury note was higher than the yield on the 10-year…

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Understanding Risk

Few terms in personal finance are as important, or used as frequently, as “risk.” Nevertheless, few terms are as imprecisely defined. Generally, when financial advisors or the media talk about investment risk, their focus is on the historical price volatility of the asset or investment under discussion. Advisors label as aggressive or risky an investment…

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2018 Q3 Market Commentary

After watching the market yo-yo higher and lower in the first 6 months of 2018, it finally gained some traction on the heels of a stronger economy and fantastic earnings announcements.  It seemed like every day during earnings season we got news of another company beating the analyst estimate and raising their outlook.  Additionally, strong…

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2018 Q2Market Commentary

Looking back on our commentary written in early January we see that the S&P 500 closed at 2,673.61.  It now stands at 2,718.37 as of the close of the 2nd quarter – up a whopping 1.7% for the year.  It’s hard to put a positive spin on that kind of return but in all reality,…

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2017 Q4 Market Commentary

It was quite a year driven by earnings growth and the hope and realization of deregulation and tax-reform. We began the year at 2,238.83 on the S&P 500 following earnings of $106.26 for 2016. In 2017 those earnings rose to $124.94 – an increase of 17.6% which is stellar by any measure. As we approach…

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