Investment Management

Index, Sector & Asset Performance US stocks were up last week to new all-time highs with the S&P500 gaining over 5% in November and the Russell 2000 leading domestic indexes higher up +12% on the month. This was the best monthly return of 2024. So much for waiting on the…

Index, Sector & Asset Performance Global equities re-accelerated last week with the MSCI up +1.4%. Here in the states, the Russell 2000 (IWM Etf) led with a +4.46% gain, while the S&P 500 rose +1.68% as some members of the Mag 7 dragged down returns. Year to date global returns…

Index, Sector & Asset Performance US stocks gave up about half their initial 2024 post-election rally last week. Excuses ranged from a stronger dollar to higher interest rates, a more hawkish Federal Reserve, concerns over Trump appointments to Health and Human Services, a newly created DOGE department to cut federal…

Index, Sector & Asset Performance Trump wins decidedly along with a projected GOP sweep in Congress and financial markets cheer. Stocks rallied strongly last week, encouraged by Donald Trump’s and the GOP’s victories and the proposal to at least keep the 2017 Trump tax cuts and possibly cut corporate taxes…

Index, Sector & Asset Performance Tomorrow’s Presidential election will take center stage for many investors, particularly those with short trading time frames. Given recent economic data, expect the Fed to cut rates by another 25 bps later in the week. US stocks closed lower for the 2nd week on disappointing…

Index, Sector & Asset Performance U.S. stock futures are pointing to gains of 0.6% at the open ahead of earnings reports by several big tech companies this week.  WTI oil prices tanked -6% in the overnight to below $68 a barrel as Israel’s strike against Iran did not disrupt oil…

Index, Sector & Asset Performance The S&P 500 closed the week with its 6th straight up week closing on Friday at another new all-time high, 5864. Since their July 4th weekend relative strength peak, the influence of the “Magnificent 7 companies” has waned but has still driven more than +40%…

Index, Sector & Asset Performance The S&P 500 closed the week at a new weekly all-time high close, on the back bullish of early initial bank and financial stock earnings including J.P. Morgan and Blackrock. The S&P 500 gained +1.13% on the week, led by an almost +5% rise in…

Index, Sector & Asset Performance The S&P 500 closed the week at a new weekly all-time high close, on the back of “first blush” stronger than expected BLS jobs report which came in at 254,000 (150,000 expected) and the unemployment rate dropping. A government jobs report that will likely be…

Index, Sector & Asset Performance Equities throughout the world rose last week led by a near historic rally from 52-week lows to 52-week highs by China stocks as inflation data continued to decline and the Chinese politburo broke out the fiscal and monetary bazooka to stimulate their woefully bad economy….

Send It In, Jerome Index, Sector & Asset Performance The Fed cut shorter term interest rates 50 bps on Wednesday, opting for a larger rate cut than many had expected. As we have previously discussed, the move was focused on the labor markets, where the FOMC noted “job gains have…

Index, Sector & Asset Performance Entering September, the historically worst month of the year for equities, on a “normal” down note, the S&P 500 declined -4.25% last week. The four previous years S&P 500 September returns came in at 2023, -4.9%, 2022, -9.3%, 2021, -4.8%, and 2020, -3.9%. Marking the…