July was a mostly positive month for investors. For the equity investor all the US-focused indexes we follow were up more that 1% each. The bond investor saw its index, the Aggregate Bond Index, move higher as well. The dollar reversed its June losses with a strong month. The two losers were … Read More
Monthly Stock Market Review – June 2019
To say June was a good month for stock market investors would be a big undersell of what actually happened. All the major indices we follow, including the global indexes, posted gains of more than 6%. In an unusual twist, bonds and commodities posted strong gains as well. The U.S Dollar was the lone … Read More
Monthly Stock Market Review – May 2019
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