October Heats Up | Client Letter | October 3, 2019
October historically has been a volatile month but also the third strongest month of the year for the S&P 500 Index
Source: WEEKLY COMMENTARY
October historically has been a volatile month but also the third strongest month of the year for the S&P 500 Index
Source: WEEKLY COMMENTARY
Stocks searched for direction this week as investors digested news of political tensions and signs of trade progress.
Source: WEEKLY COMMENTARY
The U.S. economy continues to perform well when compared to the rest of the developed world, and is still exhibiting growth near its long-term trend. The outlook in other developed economies is not quite as bright, however, as unconventional and aggressive policy decisions from global central banks are becoming increasingly ineffective.
Source: WEEKLY COMMENTARY
Since we began highlighting the return of fiscal leadership as a primary driver for economic and market activity nearly two years ago, we’ve seen the return to central bank dominance, particularly by the U.S. Federal Reserve. This has significant implications for global markets.
Source: WEEKLY COMMENTARY
Large cap equities outperformed small caps, while the growth style of investing modestly outpaced value
Source: WEEKLY COMMENTARY
We have maintained our S&P 500 Index year-end fair value target of 3,000, even after the index broached that target September 17.
Source: WEEKLY COMMENTARY
There’s a growing pile of negative-yielding debt around the world amid extraordinary monetary policy initiatives.
Source: WEEKLY COMMENTARY
Equities continued to rise this week, sending the S&P 500 Index back over the 3,000 level and near its record high of 3,027.98 set July 26.
Source: WEEKLY COMMENTARY
Equities rose during the holiday-shortened week as investors digested several geopolitical and trade headlines alongside a mixed batch of key economic data.
Source: WEEKLY COMMENTARY
U.S. economic data was mixed in August, reflecting the complicated macro economic environment in the midst of high trade uncertainty.
Source: WEEKLY COMMENTARY