Market Updates

April was the cruelest month of the year thus far with all major global financial assets performing poorly with the exception of the U.S. dollar. Monetary policy, inflation, supply chain disruptions, Chinese zero... more

While the bounce in the back half of March felt like a recovery, the upside move was limited to U.S. equities and commodities while fixed income markets posted a fourth consecutive month of... more

February followed up a challenging January with one of the most volatile months since 2008 across both stock and bond markets driven by a surge in geopolitical risks and continued angst surrounding the... more

As of this writing, the likelihood of some form of Russian invasion or incursion into Ukraine has increased significantly, or may have actually already occurred. Russia’s President Vladimir Putin signed a decree yesterday... more

January kicked off the new year with a thud, fueled by inflation/policy dynamics, geopolitical anxiety, robust corporate earnings, and ongoing Covid induced economic imbalances. Bond and equity markets adjusted to a gradual yet... more

After a year of benign volatility, financial market volatility reverted to the mean to start 2022. Despite reaching all-time highs on January 4th, markets quickly reversed course after Federal Reserve Chair Powell’s confirmation... more

The bull market marched on in December 2021, marking multiple new record highs on its way to a 4.48% return for the month, an 11% return for the quarter, and a whopping 28.71%... more

November delivered a ‘no thanks’ Thanksgiving where stock markets were on track for another 2% monthly gain until we saw a surge in volatility Wednesday before Thanksgiving and through the remainder of the... more

While there were ample cross currents for markets to navigate in October, things bounced back from September’s long overdue correction with authority, with the S&P 500 posting four consecutive positive weeks. In fact,... more

September stayed true to its reputation with nearly all financial assets giving back ground during the month. Contributing factors we are monitoring include: dysfunction in D.C., China’s ongoing dance with autocracy, hawkish tones... more