Quarterly Update

The S&P 500 Total Return Index fell 4.9% for the quarter and is down 23.9% for the year. The Barclays U.S. Aggregate Bond Composite Index fell 3.8% during this period and is down 11.0% for 2022.  This is the first time since 1976 that both stocks and bonds have...

During the period, the S&P 500 Total Return Index fell 16.10% for the quarter and is down 19.96% for the year. The Barclays U.S. Aggregate Bond Composite Index fell 2.93%% during this period and is down 7.48% for 2022. The 10Y finished the quarter at 2.97%, up from...

During the period, the Dow Jones Industrial Average returned -4.57%, the S&P 500 returned -4.95%, the Russell 2000 returned -7.80% and the Nasdaq 100 returned -9.08%. The U.S. 10Y Treasury Yield ended the quarter at 2.338%. For the first time in two years, the...

During the period, the Dow Jones Industrial Average returned -4.57%, the S&P 500 returned -4.95%, the Russell 2000 returned -7.80% and the Nasdaq 100 returned -9.08%. The U.S. 10Y Treasury Yield ended the quarter at 2.338%. For the first time in two years, the...

The market was able to overcome the emergence of the highly contagious Omicron variant of the Coronavirus, rising inflation expectations, labor shortages and supply chain bottlenecks during the final quarter of 2021. Despite those headwinds, corporate earnings...

The S&P 500 Total Return Index gained 0.6% for the quarter and is up 15.9% for the year. The Barclays U.S. Aggregate Bond Index was basically unchanged during this period and remains down 0.8% for the year. The virus remains in focus and the success of our...

The S&P 500 Total Return Index gained 8.55% for the second quarter and is up 15.25% for the year. The Barclays U.S. Aggregate Bond Index gained 0.8% during the same quarter and is down 0.8% for the year. The stock market’s strength during the latest quarter was...

The S&P 500 Total Return Index gained 6.2% for the quarter while the Barclays U.S. Aggregate Bond Index declined 1.6% during this period. The stock market’s strength during the quarter was driven by more hopeful expectations for the economy in 2021. Over the...

The S&P 500 Total Return Index gained 6.2% for the quarter while the Barclays U.S. Aggregate Bond Index declined 1.6% during this period. The stock market’s strength during the quarter was driven by more hopeful expectations for the economy in 2021. Small stocks,...

If anyone thought the economic review was mundane, then 2020 should make you reevaluate that point of view. The fourth quarter of 2020 was perhaps THE most interesting quarter in the economy in modern history. It is quite challenging to develop an economic outlook for...