First Quarter 2018 Market Recap

After becoming accustomed to consistently robust equity returns throughout 2017, the first quarter of 2018 ushered in a bout of volatility unlike the low volatility of 2017, with the markets experiencing two 10% drops and ending the quarter about where they started. In our judgement, the playing field in 2018 […] Read more »

Fourth Quarter 2017 Market Recap

In 2017, we were again reminded of the importance of following an investment approach based on discipline and diversification vs. prediction and timing. In fact, last year provided several interesting, and unexpected, examples on how best to achieve the long-term return the capital markets offer. For example: What do you […] Read more »

Third Quarter 2017 Market Recap

The third quarter of 2017 again posted positive returns for domestic, European and emerging market equities. Global growth is back for the first time in a decade, with 45 economies monitored by the Organization for Economic Cooperation and Development (OECD) in economic expansion. As Jim Paulsen, Chief Investment Strategist of […] Read more »

Second Quarter 2017 Market Recap

The first half of 2017 brought predominantly positive returns for all markets and our portfolios. In the U.S. strong equity markets saw earnings improve dramatically not only in the first quarter, but all indications are the second quarter as well. Overseas earnings improved even more as developed and emerging economies […] Read more »

First Quarter 2017 Market Recap

The primary driver of markets in the first quarter was the continuing coordinated global economic recovery which began last fall. Stocks around the world are starting to show earnings growth. For example, in the U.S. the earnings projections for the first quarter of 2017 show an increase of 9% versus […] Read more »

Fourth Quarter 2016 Market Recap

2016 markets began the year with a six-week downturn, as concern over plummeting oil prices and an economic slowdown in China manifested in investor concern for a looming recession. On January 20th oil sold for a twelve-year low of less than $27 a barrel (currently $52 a barrel), and the […] Read more »

Third Quarter 2016 Market Recap

With the close of the third quarter 2016, stock markets around the world failed to find firm direction in one way or another. The quarter began with equities in full bull market mode, owing to a rebound from post-Brexit declines that notably occurred because so few investors actually expected the […] Read more »

Second Quarter 2016 Market Recap

Second Quarter 2016 Highlights • Bond yields continued to drop, especially with the “flight to safety” from Europe and the Fed’s decision not to raise rates. • Oil prices and the dollar have stabilized creating a rebound in commodities and emerging markets. • U.S. stocks continue to advance albeit with […] Read more »

First Quarter 2016 Market Recap

A quarter ago investors harbored concerns about declining oil prices, an economic slowdown in China, and the potential for recession looming in the U.S. prompting the first double-digit loss and resulting double-digit gain ever in one quarter, with the markets essentially going nowhere for the first three months of the […] Read more »