Another week, another record high recorded for the S&P 500 Index. China was once again the center of attention, but this time it was a positive influence. The U.S. and China finally signed their Phase One trade agreement in Washington, D.C., on Wednesday. Markets are hoping this will result in less friction between the two […]
The first full week of the new year was full of potential volatility, but it continued with the trend of 2019 as the S&P 500 Index continued to grind higher. This is all despite geopolitical events that indeed could have launched a market decline. The week ended with December’s jobs report, which showed the fourth […]
Rather than review the shortened holiday week, let’s look back at 2019. Last year saw gains in just about every asset class. Even commodities posted a positive return, marking only their fourth year of positive performance for the decade. Bonds produced their strongest year of the decade, benefitting from the 0.77% drop in the 10-Year […]
Last week continued the impressive run of the S&P 500 Index as it closed Friday at another all-time high. This time last year, we were in the midst of a fourth-quarter correction, which bottomed on Christmas Eve. A year later and we see fears from earlier in the year disappear, and the stock market trading […]
From elections in the UK to central bank meetings and finally an agreement on phase one of the U.S. and China trade deal, last week was packed with market-moving events. The announcement of a phase one agreement sent the S&P 500 Index to close at an all-time high Thursday and at one point, looked to […]
The soap opera that is the trade war continued with another episode last week when more potential tariffs were announced. Drama also ensued when President Trump announced a China trade deal could be postponed until after the 2020 Presidential Election. Fortunately, a solid jobs report was published Friday and helped the markets finish the week […]
Considering last week was a slow, holiday week and it marked the end of November, this week is going to be more of a month in review. After much anticipation of value stocks beginning a period of outperformance over growth stocks to end the third quarter, growth continued its bull market trend by outpacing value […]
Equity markets broke their multi-week winning streak, as most indices finished the week slightly in negative territory. Once again, it was trade rhetoric driving market direction. Last week we found ourselves in the quiet period of the month when not much economic data was reported, so the market gravitated toward any trade headline. Unfortunately, most […]