2020.03.16 Market Commentary

Greetings: Much ink will be spilled in coming years attempting to explain the historically swift and severe declines now taking place in global financial markets. However, for us, all these explanations will come down to one word – uncertainty. With the economy and markets now dealing with multipl...
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2019.07.15 Market Commentary

Greetings: All three major indices closed the week in the positive, with the Dow leading the way up 1.5%, the S&P 500 adding 0.8% and the Nasdaq gaining 1.0%. During testimony on Capitol Hill, Fed Chairman Powell signaled a pending interest rate cut, citing trade tensions and concerns around the...
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2019.06.26 Market Commentary

The major indices all finished last week with gains of over 2%, with the Dow +2.4%, the S&P 500 +2.2%, and the Nasdaq +3.0%. Last week’s results extended the market’s strong run in June, which has seen stocks recover in the wake of May’s steep decline. US stock indexes jumped more than 1% ...
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Market Commentary, 05/28/19

The major indices closed lower last week as the US-China trade uncertainty continues, with the Dow -0.7%, the S&P 500 – 1.2%, and Nasdaq -2.3%. Thursday saw a large swing in the Dow, as it dropped as many as 449 points in morning trading, but rallied into the afternoon to close just 286 po...
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Market Commentary, 05/21/19

Stocks had a rough start last Monday as the latest escalation in the US-China trade war weighed on the market, and they remained choppy throughout the week. Later in the week tensions eased, stocks bounced back, and the major indexes ended the week with modest weekly declines: Dow -0.8%, the S&P...
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