Third Quarter 2020 Market Perspective

Third Quarter 2020 Market Perspective

All major asset classes advanced in the third quarter amidst increased volatility and despite some sharp September declines. | EQUITIES U.S. equity indices were up across the board in the third quarter, led by the Dow Jones Transportation Index (up 22.43%) and the...
Second Quarter 2020 Market Perspective

Second Quarter 2020 Market Perspective

Virtually all asset classes produced gains in the second quarter, although only precious metals and fixed income were positive for the year to date. After the “sell everything” decline in March, markets reflected a “buy everything” mood in the second quarter. In fact,...
First Quarter 2020 Market Perspective

First Quarter 2020 Market Perspective

Our world has changed more profoundly than most of us can remember. A global health emergency which compels the world to come to a halt is simply unprecedented in the modern era. The effect of Covid-19 on our physical health and economic well-being has clearly been...
Forth Quarter 2019 Market Perspective

Forth Quarter 2019 Market Perspective

As 2018 was the worst year for financial markets in 45 years, 2019 was one of the best years on record for all investments. | EQUITY MARKETS Equities performed well domestically and internationally. The S&P 500 rose 9.1% in the fourth quarter to finish the year up...
Third Quarter 2019 Market Perspective

Third Quarter 2019 Market Perspective

The third quarter saw renewed volatility in equities, additional gains in fixed income, and strong movement in precious metals. I EQUITY MARKETS The S&P 500 was up 1. 7% for the quarter, but the NYSE as a whole and NASDAQ both declined slightly (0.34% and 0.09%...
Second Quarter 2019 Market Perspective

Second Quarter 2019 Market Perspective

The second quarter saw renewed volatility in stocks, strong performance from bonds, and the possible beginning of a breakout in precious metals. I EQUITY MARKETS Domestic equities outperformed both international developed and emerging markets. For the quarter, the...