Market Updates

Financial media headlines were replete with coverage of the impending default of Chinese real estate developer, Evergrande, earlier this week. Ordinarily an individual credit event like Evergrande’s does not rise to the level... more

August put a bow on a robust second quarter earnings season and overcame the most pressing growth concerns stemming from a surge in Covid cases and more open narratives from the Fed about... more

Stock markets added to already impressive 2021 gains in July despite anxiety surrounding the global growth outlook. The S&P 500 posted a positive return for a sixth straight month—something that has happened 29... more

In what has been one of the weaker months of the year, markets in June saw stocks, bonds, and commodities all close higher to wrap up the second quarter and first half of... more

Prevailing market dynamics in May included generally encouraging Covid trends, persistent fiscal and monetary stimulus, and robust global economic ‘reopening’ data. The great inflation debate intensified during May with rising commodity prices, big... more

A backdrop of robust global economic data, strong Q1 earnings reports, and a retreat (albeit uneven) of the Covid pandemic produced broad based strength across the financial markets in April. After lagging January... more

The month of March put a nice bow on a very friendly quarter for stocks, commodities, and the USD—leaving the S&P 500 and DJIA at fresh record highs. It also put an exclamation... more

February came in with a reflationary bang (11 straight days of gains) on the basis of a growing Covid-19 retreat and encouraging economic outlook but left with a whimper (8 of 9 days... more

Global equity markets continued their ascent in the first few weeks of the year, looking past a low-grade insurrection attempt, single party control of DC (D-sweep), a big miss on the December jobs... more

The year 536 AD, which included a climate catastrophe, a plague, and the beginning of the Dark Ages, is the year many consider to be the worst in human history. 2020 may not... more