Market Updates

I said the same thing when the market closed today that I’ve said after every round of golf I’ve ever played: “Wow, glad that’s over!” The Dow Jones Industrial Average and the S&P 500 both fell a little more than 7.5% today – record... Read More →

In addition to combing thru the latest news on the Covid-19 Coronavirus over the weekend (I have found this website/heatmap to be very helpful, by the way: https://www.arcgis.com/apps/opsdashboard/index.html#/bda7594740fd40299423467b48e9ecf6), you have likely seen/read about a conflict of an entirely different construct: an oil price war... Read More →

When I sent out the market recap on Monday evening, I closed on an optimistic tone, siting the probabilistic tendency of the S&P 500 to stage a recovery after a day of significant selling.  That did not happen. Each day this week, the Dow... Read More →

News over the weekend that focused on the escalation of coronavirus cases and, perhaps more concerning, the expansion of geographies across which those cases have been sited, catalyzed a significant decline in global stock markets today. In fact, for many indices, this was the... Read More →

The Federal Open Market Committee unanimously voted today to keep the Fed Funds target range unchanged at 1.5-1.75%.  This inaction was widely expected by market participants and, according to the FOMC Statement, little has changed in the Committee’s economic view. The link here shows the... Read More →

2019 Review: Strong returns for stocks continued in the 4th quarter of 2019, capping off one of the best years in recent memory. The S&P 500 gained +31.49% on a total return basis for the year.  Following a brutal 4th quarter (especially the month... Read More →

The stock market has begun this week in similar fashion to how it ended the last: poorly. Last week saw declines of 2.6% for the Dow Jones Industrial Average and almost 4% for the Nasdaq. Today, both of those indices fell by around 3%... Read More →

2nd Quarter Review: The recovery from the messy 4th quarter of last year ultimately grinded on during the 2nd quarter of this year for US stocks.  For the quarter, the S&P 500 finished up +4.30% taking the year to date total return to up... Read More →