“If it's obvious, it's obviously wrong.” - Joe Granville September was a month of suffering for most of the financial indexes we follow. For the equity indexes, both US and international indexes posted negative returns for the month, with the US small cap and emerging markets indexes turning … Read More
Stock Market Commentary– June 2023
“The two most powerful warriors are patience and time.” - Leo Tolstoy After a solid start to the year the stock market hit the wall in the month of May. With the exception of the S&P500, all the major market indexes we follow posted negative returns for the month. The relative strength of the … Read More
Stock Market Commentary– May 2023
“Often a sign of expertise is noticing what doesn't happen.” - Malcolm Gladwell April was a mixed month for investors. US large cap stock indices posted up impressive gains while the small-cap and mid-cap indexes we follow fell. At the same time, the MSCI World and MSCI EAFE indexes were … Read More
Monthly Stock Market Review – May 2021
The stock market only moves in one direction … or so it seems these days. May was another good month for equity investors with all the major indices we follow producing positive gains. Laggards were the S&P 500 and the mid-cap S&P600 indexes as the MSCI EAFE led the march higher. The … Read More
Monthly Stock Market Review – April 2021
The stock market continued to move higher during the month of April as all the indexes we follow moving higher for the month. Of note, the large cap indexes – S&P 500 and the Dow Industrials – outperformed the small cap index for the first time in a while. One month doesn’t make a trend, but it … Read More