As bad as December was for investors the positive reversal in January was just as strong and swift. The equity indices we follow in both the US and abroad posted monthly gains that most investors would be satisfied with over the course of a full year. Bond yields fell, leading to a strong 1%+ gain …  Read More

The month of December did not go as investors would have hoped. Unlike most December’s past, the equity markets set aside the “Santa Clause Rally” and settled for the worst December performance since the 1930s. International equities, while still down, performed relatively better than U.S. stock …  Read More

November was a positive month for equity investors as the US-based indexes we follow were all positive for the month as international indices continued their slide. Bonds and the dollar were slightly positive. Selling off hard for the month were commodities. U.S.  & International Stock …  Read More

Bad things can happen to equity prices in October and 2018 is no exception. All the equity indices we follow – both domestic and global – performed poorly, even as prices rebounded in the final two sessions of the month. The selling was not confined to stocks as bonds and commodity prices were down …  Read More