The White House and Congressional Democrats in the House appear close to an agreement that would raise the debt ceiling and approve a new spending bill. Feels like déjà vu. Continue reading
What Government Debt Means for Long-Term Investors
Market Commentary
2nd Quarter 2019 Market Review
This report features world capital market performance and a timeline of events for the 2nd Quarter 2019. It begins with a global overview, then reports the returns of stock and bond asset classes in the US and international markets. We hope you find it helpful. Continue reading
July 12, 2019 Weekly Market Recap
A great week for equities. The stock market recorded its second consecutive week of gains, with the Dow (+1.5% for the week), Nasdaq (+1.0% for the week), and S&P 500 (+0.8% for the week) reaching fresh record highs. Continue reading
Timing Isn’t Everything
Over the course of a summer, it’s not unusual for the stock market to be a topic of conversation at barbecues or other social gatherings. In fact, it’s pretty common these days! Continue reading
June 28, 2019 Weekly Market Recap
The S&P 500 declined 0.3% this week, but still increased 6.9% this month to record its best June since 1955. Price action reflected some consolidation in front of the G-20 meeting between President Trump and President Xi after Friday’s close. Continue reading
State of the Markets – June 2019
Last week, the S&P 500 once again hit new all-time highs (currently hovering around 2,945). The market pullback that began in May – the result of on-going trade and Fed concerns – has now fully recovered. Volatility is just a normal part of investing, even when the situation appears to be the most uncertain. Continue reading
What The U.S. Buys The Most Of From China
I’ve always been curious about this, so I did a little digging. What do we import the most of from China? In the past twenty-plus years, China has evolved from a heavy equipment machinery exporter to a prominent leader in technology product exports. Continue reading
June 14, 2019 Weekly Market Recap
The S&P 500 increased 0.5% this week, lifted by shares of consumer discretionary companies as the market remained hopeful for positive outcomes in the Fed’s policy decision next week and the G-20 summit later this month. Continue reading
The “Fed Put”
To say that the Fed has been a major driver of markets over the past decade would be an understatement. The effects of monetary policy on stocks and bonds have been a defining characteristic of this business cycle. Continue reading
June 7, 2019 Weekly Market Recap
The bulls went on a tear this week. The market had its best week in 2019, with the S&P 500 (+4.4%) and the Dow Jones Industrial Average (+4.7%) each rising over 4.0%, on expectations the Fed will cut rates to mitigate slowing growth. The Nasdaq Composite advanced 3.9%, and the Russell 2000 advanced 3.3%. Continue reading