Chicago: 312-580-0900 | Suburban: 847-831-8831 | Family Office: 312-338-7788 | Financial Planning: 312-440-5028 | Benefits: 847-831-8831

- Archive posts -

North Star Financial Services

Big 3 Stay Hot

Last Week Over the decades many championship basketball teams have been built on a “Big 3” superstars foundation. As Chicago sports fans we would highlight Jordan, Pippen, and Rodman, of the 95-98 Bulls as a prime example although there have been other (less lovable)...

read more

Market Commentary 1st Quarter 2024

For the three-month period ending March 31st, the S&P 500 Total Return Index increased 10.56% while the Bloomberg U.S. Aggregate Intermediate Bond Index decreased 0.42%. The U.S. economy continued to show great resilience, with corporate earnings, employment, and...

read more

Market Commentary 4th Quarter 2023

Market Commentary Fourth Quarter 2023 For the three months ending December 31st, the S&P 500 Total Return Index increased 11.69%, while the Bloomberg U.S. Aggregate Intermediate Bond Index increased 5.50%. For the year, the S&P 500 Total Return Index finished...

read more

Market Commentary 3rd Quarter 2023

Third Quarter 2023 Economic Review For the three-month period ending September 30th, the S&P 500 Total Return Index decreased 5.4% while the Bloomberg U.S. Aggregate Intermediate Bond Index fell 1.9%; for the year, the S&P 500 Total Return Index is up 13.0%...

read more

Market Commentary 2nd Quarter 2023

Second Quarter 2023 Economic Review For the three-month period ending June 30ᵗʰ, the S&P 500 Total Return Index increased 8.7% while the Bloomberg U.S. Aggregate Intermediate Bond Index fell 0.7%. Year to date, the S&P 500 Total Return Index is up 16.9% and...

read more

Steady as She Goes

Unchanged and Uninspired There was certainly a lack of consistent direction and movement magnitude across major indices last week. The indexes certainly had mixed results, with the Nasdaq Composite shedding -0.6%, the S&P 500 rising 0.7%, and the Russell 2000...

read more

The Economic Hurricane that Dissipated

Inflation Cooling, Earnings Warming, and Sentiment Heating Up There are hundreds of songs that relate life’s “ups and downs” to the weather. Our favorites cover the spectrum from Bob Dylan’s “Hurricane” to the Allman Brothers Band’s “Blue Skies”. Similarly, the...

read more

Digesting Hot Dogs and Jobs Data

Fireworks and Fed Chirps Unlike Joey Chestnut’s win (he consumed 62 hot dogs en route to his 16th Nathan’s Famous competition win on Fourth of July), the stock market posted a modest loss during the holiday-shortened trading week, as traders digested conflicting...

read more

Rally Finale

Which Camp? The stock market had a strong finish in its final trading week of the first half of the year, with gains of 2.4%, 2.3%, and 3.7% for the S&P 500, Nasdaq Composite, and Russell 2000 respectively. While the Tech sector remained strong, with Apple Inc...

read more

Softening Data and Tightening Talk Cools Rally

Stalled Out The stock market rally stalled during holiday shortened trading, as the indices suffered their worst weekly losses since the collapse of the Silicon Valley Bank in March. Further evidence of a slowing economy combined with the continuous “further...

read more

Pause, Jawbone, Rally

Eleven Straight Months The new bull market got a nice boost from the inflation data with CPI only +0.1% for the month and PPI decelerating even more dramatically to measure only +1.1% for the 12 months ended in May. Producer prices have now been cooling for eleven...

read more

Welcome to the New Bull Market

A New Bull A funny thing happened on our way to the recession; a new bull market developed. It took 248 trading days for the S&P 500 to rise 20% from its bottom, marking the longest bear market since 1948, but on Thursday that threshold was reached, and the new...

read more

The Sky Isn’t Falling

On Hold Chicken Little flew the coop as investors concluded that the sky was not actually falling following the passage of a debt ceiling bill that averted a U.S. default combined with the mounting evidence that future interest rate hikes are on hold. The next...

read more

Questionable Intelligence

Closing In Artificial intelligence and questionable intelligence dictated the action in the financial markets. Early in the week stocks drifted lower as debt ceiling talks progressed without resolution and the Fed minutes showed uncertainty about future monetary...

read more

A Better Tune

No Fresh Drama The equity markets moved higher, with the usual suspects (Apple and its fellow tech giants) continuing to lead the charge, but with the rally broadening out as other stocks joined the party. The Nasdaq Composite gained 3%, the S&P 500 rose 1.6%, and...

read more

Time to Change the Tune

Last Week: Negative Spin Don’t worry, be happyIn every life we have some troubleBut when you worry, you make it doubleDon’t worry, be happyDon’t worry, be happy now Bobby McFerrin penned those lyrics back in 1988. Today’s grandstanding politicians and attention...

read more

Resilient Friday Rebound

Another Rate Hike Uncertainty remained in fashion on Wall Street, with a mixture of comforting and disquieting headlines. On the one hand corporate earnings reports and the economic data releases were encouraging; on the other hand, there were fear mongering short...

read more

A Solid Finish

Aftershock The market suffered from an SVB aftershock early in the week, as banking concerns resurfaced after First Republic Bank (FRC) revealed a continued deposit outflow. First Republic, the 14th largest bank in the U.S., relied on wealthy customers with large...

read more

Pillars of Pessimism

Watch the replay of Eric’s April 20th small cap segment on TD Ameritrade Network here. Stalemate April trading remained somewhat calm and quiet, with the S&P 500 slipping 0.1%, the Nasdaq sliding 0.4%, and the Russell 2000 gaining 0.6%. It has been one of the...

read more

Bulls on Wall Street Score (But Not in Chicago)

A Case for the Consumer Last week, the equity markets rose supported by mounting evidence of disinflation and solid results from JPMorgan Chase & Co (JPM) and other large banks. The gains were muted by the release of the Fed’s March FOMC minutes on Wednesday and...

read more

Sign up to receive a weekly email with Kuby’s Commentary.

Error: Contact form not found.

Recent Kuby’s Commentaries
Recent Quarterly Updates
Kuby’s Commentary & Quarterly Update Archives