Investment Management

Did bearish calls by many strategists or retired billionaire hedge fund managers in the second half of 2022 or first half of 2023 keep you out of the markets? Keep you sidelined? Did talk of “retesting” or “breaking” to new lows in late 2022, when volatility was high, push you…

Over the weekend Wagner mercenary chief Yevgeniy Prigozhin undertook a 36-hour, armed revolt against the Russian defense establishment, marching his group of “soldiers” away from Ukraine and back toward Moscow.  For now, the “insurrection” has passed with the Kremlin taking steps to reassert control over Russia on Monday.  Russian state…

Few things breed confidence in investors like an 8-month winning streak. Where do you stand? Were you “nervous” in October 2022 near the lows due to “inflation” concerns?   Still waiting in March or June 2023 due “debt ceiling worries? Has “FOMO” now set in as you are feeling better and…

The S&P500 has now regained more than +20% from its October 2022 lows as of last Thursday.  For many armchair strategists, including the cover of Barron’s this weekend, this marks the start of a fresh bull market. The OHFG investment team doesn’t play that game by those rules. Global equity…

The S&P500 closed last week at a 12-month recovery high of 4,282, up from the prior Friday’s closing level of 4,205. The S&P 500 rose +1.8% to end the week stretching its YTD gain to 11.5%. 10-year Treasury yields fell 11 bps.  All sectors gained for the week, led by…

The markets were closed Monday in observance of the Memorial Day holiday. Stocks finished last week mixed. Outside of the tech sector, bears had a minor victory as the debt ceiling drama weighed heavily on investor sentiment.  Even so, the S&P closed the week near a weekly 52 week closing…

Stock indices rose last week on renewed hopes of a debt ceiling compromise. Investors had been more optimistic on Thursday after House Speaker Kevin McCarthy said a House of Representatives vote on a debt ceiling deal could come as soon as this week.  The debt ceiling remains a concern to…

Stock indices finished a choppy week mixed as the market looks for direction amid a mixed bag of bullish and bearish catalysts as earnings reports wind down.  The Nasdaq hit its highest level since August of 2022 thanks to the tech sector’s post-earnings strength. However, other cyclical sectors showed notable weakness…

Equities and the S&P 500 ended last week mixed.  The DJIA (Dow Jones Index) fell -1.2% and the S&P 500 dropped -0.8% but the NASDAQ Composite rose +0.1%. So far this morning, Treasury yields are higher.  Last week’s headline employment report showed continued job growth (albeit overstated due to continued…

Equities and the S&P 500 ended April with gains near 1.5% as several large technology names including Microsoft and Facebook reported better than expected earnings.  The S&P 500 gained 0.9% last week as did the Dow index.  The growth-oriented Nasdaq was the big winner on the week, jumping 1.3%.  The…

Equities and the S&P 500  ended the week mostly lower as many value sectors gained traction for the second straight week on the back of economic growth concerns. Consumer staples and real estate led the S&P 500 Index. Communication services, the best returning sector year to date, was last week’s…

The S&P 500 rose last week by +.8% stretching YTD 2022 gains to +7.8%, but still -13.7% from early 2022 all-time highs.  Global equities have outperformed US markets year to date on the back of a lower trending dollar.  European equities rose +2.5% last week and are now up over…