Investment Market Commentary for Q2 2024

The S&P 500 Index advanced by 4.3% in the second quarter. The market cap weighted S&P was well supported by the strong performance and high weightings of the mega-cap technology stocks as “AI” – Artificial Intelligence enthusiasm dominated the market narrative. However, in stark contrast to the previous two quarters, market breadth and participation[...] Continue reading
11 July, 2024

Investment Newsletter First Quarter 2024

Shake it off... U.S. equities rallied for a second straight quarter. The S&P Index advanced by 10.6%, posting the best performance to start a year since 2019. Similar to the fourth quarter of last year, returns were more evenly distributed with broader participation across market sectors. While the technology sector and “AI” stocks continued to perform well, we[...] Continue reading
11 April, 2024

4th 2023 Quarter Market Commentary

Strong Close to 2023, But Gets Tougher From Here  Stocks ended 2023 on a high note, with the S&P 500 Index advancing by 11.7% in the fourth quarter, closing the year with a 26.3% return and within striking distance of all-time highs. The powerful rally could be attributed to continued disinflation traction, increased credibility of the soft economic landing[...] Continue reading
12 January, 2024

Quarterly Newsletter for 2023’s 3rd Quarter

After three consecutive quarters of positive returns, stocks pulled back in the third quarter with the S&P 500 Index declining 3.3%. Other asset classes, such as small/mid-cap stocks and international equities posted slightly larger declines. Attributing the quarterly pullback to poor economic data or disappointing corporate earnings results would be difficult.[...] Continue reading
12 October, 2023

Quarterly Commentary for 2nd Quarter 2023

The Rally Marches On Equity markets posted impressive returns in the second quarter, with the S&P 500 Index advancing by 8.7%, marking the third consecutive quarter of positive returns. Similar to last quarter, the technology sector was the top performer and helped to propel broad equity indices higher. However, market breadth improved dramatically, with nine of[...] Continue reading
13 July, 2023

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