Market Updates

A global trend of reopening economies, improving virus data, and massive stimulus bolstered the view that the bottoming of economic data is behind us which, after the best April (+12.82%) for the S&P... more

Following the weakest month since October 2008, the S&P 500 (+12.82%) turned in its best month since 1987—exhibit A on the perils of market timing. Diverging fortunes between the dire economic outcomes of... more

Health officials are watching the coronavirus closely as the nation continues to practice social distancing. It appears that the curve is indeed flattening, albeit slowly, and with devastating effects for the economy... more

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