Investment Management

  The Cold Road to a Warm Christmas: Equity markets were down last week, as the Federal Reserve remained hawkish and the ECB piled on Thursday, December 15th. A cooler CPI report wasn’t enough to trigger a sustained stock market rally. Mid-week, the Federal Reserve raised interest rates by 50…

All Sectors Down: Equity markets were down last week -3 to -5% depending on the domestic index. The S&P 500 gave back -3.35%, with all sectors down. Energy, banks, and telecom services were the worst groups. Oil prices continued lower on the back of lower oil demand. U.S. gasoline prices…

Bearish Sentiment Amid Volatility & Inflation: Equity markets were modestly higher last week. The S&P 500 rose 1.19% on the week when it done. Intraweek volatility was caused by both economic data and the Federal Reserve itself. This morning stocks in Asia are higher with strong gains in China equities….

The Other Side of the Planet: U.S. equity futures are down about -.5% this morning on concerns that Chinese protests will slow the global economy further. Over the weekend, demonstrations broke out in mainland China as citizens have grown frustrated with Beijing’s zero-Covid policy. Local governments tightened Covid controls as…

China and COVID: S&P500 futures are down this morning as oil prices fall below $80 on concerns that China may tighten COVID curbs. China’s plan on relaxing its policies on COVID, may be having some second thoughts. Over the weekend, the capital locked down some districts. In Guangzhou, a five-day…

The Weekly Market Update is temporarily postponed for the week of 11/14/2022, please stay tuned for our retirement income show release over on YouTube today!

Second Win Secured: The Astros won their second World Series in 6 years! Global equities were mixed last week, with North American markets down, while Europe and Asia were higher. The China 300 (+6.4%) led the way on hopes of easing Zero-COVID restrictions. The Nasdaq (-5.6%) and S&P500 (-3.3%) were…

Ghostly Rally: Markets rallied again late last week with the S&P500 rallying 4.0% to cut its YTD losses to -18.7% amid a mixed set of earnings results. Industrials, consumer staples, and financials led the week, while telecom (heavily weighted to META) was the lone negative group. Treasury yields tanked 21…

October Greenery: Markets rallied late last week notching their biggest weekly gains since June on vague news about an eventual pause or slowing in the pace of rate increases by the Fed following their upcoming early November meeting. The S&P 500 rose 4.7% on the week after a sharp Friday…

Regaining ‘Some’ Losses: U.S. equity futures are up 2.50% to 3.0% as of this writing this morning regaining some of Friday’s losses. Friday looked to our investment team like forced UK pension fund margin selling out of Europe at the end of last week. In total, the results last week…

Volatility Continues: Equity markets had another very volatile week. Stocks rose sharply to start the week and 4th quarter but succumbed to a higher-than-expected jobs number, a still-hawkish Fed, and higher oil prices. It didn’t feel like it, but the S&P 500 added 1.5%%. The energy was the best group…

  Sayonara: Since early 2022, stocks have been getting repriced on valuation alongside rising real interest rates which rose again last week. Markets continued their September selloff last week with hawkish Fed talk and disappointing earnings pressuring yields higher and stocks lower. In the equity market, almost all the drawdown…