Eric Kuby, Chief Investment Officer of North Star Investment Management, writes a weekly commentary on market and economic trends. Here is a sampling of recent commentary:
Market Commentary Q3 2020
The S&P 500 Total Return Index finished up 8.93% for the quarter and is up 5.57% for the year. The Barclays U.S. Aggregate Bond Index gained 0.62%% for the quarter and is up 6.72% for the year. This has been a historically volatile year for the stock market. Investors [...]
Jam Tomorrow
For the next few weeks, we are going to format the Blog to cover the topics that seem to be of most interest, those being the markets, stimulus, economic reports, earnings reports, and COVID-19. We would appreciate any relevant feedback on this new layout. The Markets: The S&P 500 [...]
Hopes, Concerns, and Stimulus
Last Week: From Dictionary.com: Stimulus (stim-yuh-luhs), noun. In economics, a stimulus is a government injection of money into an economy and intended to spur (stimulate) economic growth. If William Shakespeare were around in 2020 he might have penned “to stimulate, or not to stimulate, that is the question”. Indeed that has [...]
Surprise, Surprise, Surprise
Last Week: Here is how we wrapped up our previous commentary: “Politics will become an even more dominant verse, with the first presidential debate being held on Tuesday in Cleveland. The most important economic release will come on Friday when The Bureau of Labor Statistics will release the jobs [...]
Time for a New Tune
Last Week: The song remained the same on Wall Street with a disconcerting level of COVID-19 cases and deaths combined with dysfunctional drama in D.C., somewhat offset by promising vaccine development announcements. The market experienced roller coaster daily swings that left the market slightly lower for the fourth week [...]
As the Clock Turns
Last Week: Hot tech IPOs and renewed optimism on the development of COVID-19 vaccines provided a springboard for a rally in the markets on Monday and Tuesday, but Wednesday afternoon’s FOMC meeting poked the bears back into action. The Nasdaq 100 sank as much as 2.8% on Thursday, dragged [...]
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