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Category: Market Updates & Commentary

Monthly Market Update for May 2019

Please find the next blog in our monthly series that provides a review of the prior month’s market data, the state of the economy, and the global financial markets. Global Economy: To paraphrase, the month of May came “in like a lamb” but went “out like a lion.” It was

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Monthly Market Update for April 2019

Please find the next blog in our monthly series that provides a review of the prior month’s market data, the state of the economy and the global financial markets. Global Economy: With optimism continuing to reign in April, investors bid risk assets higher and markets maintained the “great start to

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Monthly Market Update for March 2019

Please find the next blog in our monthly series that provides a review of the prior month’s market data, the state of the economy and the global financial markets. Global Economy: Under the cover of disappearing volatility, with the CBOE’s VIX index nearly 30% below its long-term average, the generalized

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A Primer on Inflation

After a series of financial crises early in the 20th century, there was a need for centralized control of the U.S. monetary system. The passage of the Federal Reserve Act on December 23, 1913 created our central banking system with three primary objectives: maximizing employment, stabilizing prices, and moderating long-term

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Monthly Market Update for February 2019

Please find the next blog in our monthly series that provides a review of the prior month’s market data, the state of the economy and the global financial markets. Global Economy: Relative calm permeated the globe, sustaining the rally in risk assets throughout February. Ongoing trade discussions between the US

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Monthly Market Update for January 2019

Please find the next blog in our monthly series that provides a review of the prior month’s market data, the state of the economy and the global financial markets. Global Economy: The New Year brought a new attitude toward risk assets, propelling the S&P 500 to its best January since

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Long-term Investing – It’s Not Always Easy

Background Formally defined by Merriam-Webster, an investment is “the outlay of money usually for income or profit.” Generally intended to meet financial objectives years into the future, the act of investing is consequently a long-term endeavor. Despite this fundamental understanding, investors of all levels of sophistication spend a great deal

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Monthly Market Update for December 2018

Please find the next blog in our monthly series that provides a review of the prior month’s market data, the state of the economy and the global financial markets. Global Economy: Perhaps “Down-cember” would be a better name for the final month of 2018, as equity markets declined significantly, despite

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Fed Hikes Rate, Lowers 2019 Projection to Two Increases

Policy Normalization on Target:  In a unanimous vote, the FOMC voted to raise the target range for the Fed Funds rate to 2.25% to 2.50%.  As has been the case for recent changes, this 0.25% hike was well-telegraphed and generally expected by the market, though recent market turmoil had reduced

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Monthly Market Update for November 2018

Please find the next blog in our monthly series that provides timely market data as well as perspectives on the current state of the economy and the global financial markets. Global Economy: November was a back-and-forth month for global financial assets. While sentiment began the month relatively strong, on the

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