MARKET INSIGHT

Each quarter we like to share our insights and observations about the state of the market.

1st Qtr Portfolio & Market Observations 2017

The first quarter of 2017 has been a great one, economically and financially. Despite all the worries and turmoil in D.C. and elsewhere in the world, the markets continued to rise and the economy continued to grow. As March 2017 marked the eighth anniversary of the second longest bull market in modern history, the Dow
Continue Reading

4th Qtr Portfolio & Market Observations 2016

The old saying, “All’s well that ends well” is certainly apropos for last year’s stock market. The market started out with modest appreciation throughout the first nine months and ended the last quarter with a bang.  For the first 3 quarters of 2016 the S&P 500 Index was up a modest 7.84%, and then went
Continue Reading

3rd Qtr Portfolio & Market Observations 2016

The third quarter of 2016 had something for everyone. In July, an initially negative market reaction to the surprising Brexit vote passed quickly and the bulls rejoiced as the markets climbed to multiple record highs after Brexit concerns quickly paled. In August, the markets displayed their typical summer sluggishness with low volatility, sideways price action
Continue Reading

2nd Qtr Portfolio & Market Observations 2016

Why is it that every time the market is volatile and the world seems to be in crisis mode, the response of most investment advisors is one of reassurance along the lines of “don’t panic” or “now would be a good time to buy more equities”? The reason most advisors respond this way is due
Continue Reading

1st Qtr Portfolio & Market Observations 2016

The U.S. stock market got off to a rocky start in 2016, and the first quarter went into the history books as “a tale of two halves”. The first half started off terribly with renewed economic concerns, worries over the state of China’s economy, a 30% decline in the price of oil and an immediate
Continue Reading

4th Qtr Portfolio & Market Observations 2015

The U.S. stock market went for a wild ride in 2015, but the year ultimately went down in history as a trip to nowhere. Despite wavering between record highs and one of the steepest drops in four years, the stock market came to the end of the year essentially flat, producing the weakest performance since
Continue Reading

3rd Qtr Portfolio & Market Observations 2015

The third quarter, the worst one for Wall Street in four years, has mercifully come to an end. It began with the first International Monetary Fund default by a developed country (Greece) and finished with Hurricane Joaquin possibly headed toward the east coast. In between, China’s stock market tumbled, the Federal Reserve tried to interpret
Continue Reading

2nd Qtr Portfolio & Market Observations 2015

The stock market can handle good news and bad news but does not handle uncertainty well. Still, “uncertainty” was the catchphrase for the world stock markets’ performance in the second quarter of 2015. Dispersion among various global central banks, unrest in Russia and the Middle East, the direction and implementation of the Federal Reserve policy,
Continue Reading

1st Qtr Portfolio & Market Observations 2015

A bearish January gave way to modest gains for the major stock market indices in the first quarter of 2015. The Dow Jones Industrial Average added 0.33%, the S&P 500 advanced by 0.95%, and the Nasdaq, focused on technology and biotech stocks, handily outpaced the broader, less glamorous stock indexes, gaining 3.86%. Mid-caps continued their
Continue Reading

4th Qtr Portfolio & Market Observations 2014

The roller-coaster ride of 2014 made for an odd year in many ways. It added one more notch to the current bull market, making it the second strongest annual winning streak in history. It differed from its predecessors in the way of low correlations of different market segments as mid and small capitalization stocks were
Continue Reading

Site by ThreeBears.com, Princeton