Understanding Tariffs
By Keith Gangl, CFA® In November, Donald Trump was selected to be the next US President. During the campaign, and after the election, President-elect Trump has discussed using tariffs as part…
Strength Begets Strength
By Jeremy Bryan, CFA® As we enter the final month of 2024, stocks in the S&P 500 are near record highs. As you may recall, stocks ended 2023 near their all-time…
The Election is Over
By Keith Gangl The highly anticipated 2024 election is over, and a winner has emerged. Donald Trump will be the next US President, the US Senate will be controlled by Republicans,…
A Temporary Retreat or Beginning of a Trend?
By Jeremy Bryan, CFA® October returns were largely negative for the stock and bond market but are still up significantly over the past year. Investors are being barraged with a high…
The Fed Cut, Now What?
In 2022, the US Federal Reserve (“Fed”) began an aggressive cycle of interest rate hikes, aiming to curb inflation, which soared to multi-decade highs. Over the past two years, the…
Is Goldilocks Finding Her Bed?
As we exit the third quarter, many global assets are positive in performance with some exceeding record levels on a recurring basis. The S&P 500 has hit several all-time highs…
September Blues
As the summer fades, and we slowly shift into the pumpkin and apple picking season, September marks the beginning of fall. For investors, September has been a month of unease…
The August Roller Coaster
Stocks went for a wild ride in August. The S&P 500 declined rather quickly early in the month based on economic data that was considered disappointing. Fears of investors quickly…
Stocks Rotate as Cuts Come to the Horizon
The stock market saw a dramatic reversion in July, as small-cap stocks significantly outperformed their large-cap counterparts for the month. Our opinion is that this rotation was based on a…
Market Corrections are Normal
For the last 30 years, the annualized return of the S&P 500 index has been 10.5%.1 However, the S&P 500 rarely goes up in a linear fashion and often achieves this…