April kicked off the second quarter on a fairly positive note with most financial assets generating solid returns. Equity and fixed income markets added to a positive first quarter giving diversified portfolios a...
more
While March was certainly a tale of two halves, the month and first quarter of 2023 are now in the books having delivered nice gains across both stock and bond markets - continuing...
more
The closures of Silicon Valley Bank (SVB) and Signature Bank in recent days has been dominating the headlines of the financial press. It’s important to realize that Silicon Valley Bank had an unusual...
more
Markets in February reflected concerns of persistent inflation and a higher for longer monetary policy, resulting in a give back of some of January’s stock market rally and most of January’s bond market...
more
Markets in January seemed to look past the weakening global growth backdrop and global central bank hawkishness, turning in a strong rally across global risk assets. Market internals represented a mirror image to...
more
Markets in December navigated several crosscurrents including weakening trends across the global economy, a Chinese exit from its zero-Covid public health policy, the BoJ abandoning its yield curve control policy, and a continuation...
more
The primary driver for November was inflation related as signs of peaking price inflation enabled the Fed to shift the narrative toward a less aggressive tightening path. Sticky wage inflation and a tight...
more
Most global financial assets rebounded from the oversold conditions of August/September with the notable exception of Chinese equities. Capital market narratives for the month were centered around monetary policy and the inflation backdrop...
more
Key market narratives in August included continued deceleration in economic growth, the completion of a strong second quarter earnings season, and a Jackson Hole symposium where central bankers pledged to maintain their hawkish...
more
Market narratives during July included relatively strong second quarter earnings reports, decelerating global economic growth, and central bank resolve with a backdrop of persistently high inflation which began to show signs of moderating...
more
April 2023 Monthly Market Update
April 30, 2023|Market Updates
April kicked off the second quarter on a fairly positive note with most financial assets generating solid returns. Equity and fixed income markets added to a positive first quarter giving diversified portfolios a... more
March 2023 Monthly Market Update
March 31, 2023|Market Updates
While March was certainly a tale of two halves, the month and first quarter of 2023 are now in the books having delivered nice gains across both stock and bond markets - continuing... more
Flash Commentary 3/14/23
March 14, 2023|Market Updates
The closures of Silicon Valley Bank (SVB) and Signature Bank in recent days has been dominating the headlines of the financial press. It’s important to realize that Silicon Valley Bank had an unusual... more
February 2023 Monthly Market Update
February 28, 2023|Market Updates
Markets in February reflected concerns of persistent inflation and a higher for longer monetary policy, resulting in a give back of some of January’s stock market rally and most of January’s bond market... more
January 2023 Monthly Market Update
January 31, 2023|Market Updates
Markets in January seemed to look past the weakening global growth backdrop and global central bank hawkishness, turning in a strong rally across global risk assets. Market internals represented a mirror image to... more
December 2022 Monthly Market Update
December 31, 2022|Market Updates
Markets in December navigated several crosscurrents including weakening trends across the global economy, a Chinese exit from its zero-Covid public health policy, the BoJ abandoning its yield curve control policy, and a continuation... more
November 2022 Monthly Market Update
November 30, 2022|Market Updates
The primary driver for November was inflation related as signs of peaking price inflation enabled the Fed to shift the narrative toward a less aggressive tightening path. Sticky wage inflation and a tight... more
October 2022 Monthly Market Update
October 31, 2022|Market Updates
Most global financial assets rebounded from the oversold conditions of August/September with the notable exception of Chinese equities. Capital market narratives for the month were centered around monetary policy and the inflation backdrop... more
August 2022 Monthly Market Update
August 31, 2022|Market Updates
Key market narratives in August included continued deceleration in economic growth, the completion of a strong second quarter earnings season, and a Jackson Hole symposium where central bankers pledged to maintain their hawkish... more
July 2022 Monthly Market Update
July 31, 2022|Market Updates
Market narratives during July included relatively strong second quarter earnings reports, decelerating global economic growth, and central bank resolve with a backdrop of persistently high inflation which began to show signs of moderating... more