As good as the first third of the year was for stock market investors the month of May was just as bad, giving back a large chunk of the gains made earlier this year as global markets sold off. All the indexes we follow gave back at least 6% for the month. The “risk off” trade was not limited to the … Read More
2019: A Year of Change or More of the Same?
“For every complex problem there is an answer that is clear, simple and wrong.” - H.L. Mencken "You can't predict, you can prepare." – unkown Many years ago I (Jon) had a client who started to lecture me on his perception of my job as his financial advisor. In this person’s eyes what … Read More
Monthly Stock Market Review – March 2018
March was not much better for investors than February. Both US and international equity indices were negative for the month, with the exception of the midcap and small cap indexes which ended the month positive. With equity weakness we were not surprised by the positive bid US Treasury bonds caught … Read More
Monthly Stock Market Review – January 2018
The stock market in January felt very much like an extension of December 2017 with both U.S. and global equity indices moving higher at an accelerated rate. The U.S. Dollar also continued its trend, weakening vs. global currencies for the month. In contrast commodities changed direction and look to … Read More
Monthly Stock Market Review – December 2017
December capped off a very interesting and in many ways unexpected 2017. Us large cap equity indices continued the year-long trend of hitting all-time highs as global indexes continued their rapid ascent. U.S> small cap was negative while midcaps were slightly positive. The Bloomberg Aggregate … Read More