Due to the recent and growing concerns regarding the spread of COVID-19 (Coronavirus) we wanted to assure you that we are taking extra steps to keep our staff and visitors to our office safe and healthy. Currently, the risk to residents in Chicago still remains low...
Special Market Commentary 2.28.2020
Concerns over the coronavirus have led to the fastest correction in stock market history. As of the opening of trading Friday morning the S&P 500 has declined from 3393 to 2880, or over 15%, from the all-time record high set last Wednesday. Meanwhile the yield on...
2nd Quarter 2019 Market Commentary
The S&P 500 Total Return Index gained 4.3% for the quarter and is up 18.5% for the year. The Barclays U.S. Aggregate Bond Index gained 2.4% for the quarter and is up 4.7% for the year. Markets responded to the potential progress in trade negotiations and the...
1st Quarter 2019 Market Commentary
The first quarter of 2019 started strong for both the stock and bond markets. Large cap U.S. stocks, measured by the S&P 500 index, were up 13.6% for the quarter, offsetting much of their decline in the previous quarter, while small cap stocks, measured by the...
4th Quarter 2018 Market Commentary
The financial markets were volatile in the final quarter of the year as investors worried about the trade negotiations with China, the Fed raising rates too aggressively and the potential for a slowing global economy in 2019. Interest rates fell sharply the last three...
3rd Quarter 2018 Market Commentary
The U.S. economy continued to show momentum during the Third Quarter of 2018. Corporate earnings were strong, unemployment declined, inflation remains tame and most indicators show improving financial conditions. The stock market had a good quarter, as measured by...