Market Updates

We’ve been saying that there are “three legs to the stool” for this recovery: Monetary response (the Fed), Fiscal response (D.C. fiscal bills), Virus pathology/headline risk. We’re currently halfway there, as it will... more

Did that just happen? March was a month most investors would prefer to forget, and it officially marked the end of a historic 11-year bull market. While stress levels in most markets didn’t... more

Our Perspective on 2020 Market Volatility: The declines in stock markets around the globe reflect investors’ uncertainty regarding the risks to corporate profits and economic growth posed by the coronavirus spread and oil... more

Market action in the first half of March made February’s run of the mill correction feel like a summer breeze. That said, February did mark the end of the euphoria of the mid-January... more

U.S. stocks fell on Monday, joining a global equity selloff, as the spread of coronavirus beyond China raised worries that the impact to overseas economic growth could be more persistent than investors expect... more

Our Perspective on the Coronavirus: Although there are short term negative reactions to epidemics, ultimately, the health of the global economy and magnitude of monetary & fiscal stimulus dictate the direction of equity... more

Risk markets ended the month with a very different temperature than how they began. Almost to the day the Phase one trade deal was inked, the coronavirus in China reared its head. Global... more

Global equity markets followed up a strong November with an equally strong December, rising 3% on the month to close the year up 27.67% on a USD basis. Emerging markets surged 7.46%, the... more

Last month left investors with the feeling that fundamental global data has begun to stabilize. While U.S. equity markets saw a six-week winning streak come to an end in November, they ended up... more

We entered October with ‘huge’ trade dispute concerns, ISM numbers at GFC levels, over 50% probability of two Fed rate cuts before year end, and tangible pessimism in both earnings and sentiment. We... more