Investment Management

Index, Sector & Asset Performance V-Bottoms are made: This weekend, the U.S. and China agreed  to roll back their trade war for 90 days and negotiate a trade deal. America’s 125% reciprocal tariff on Chinese goods will be lowered to the 10% universal levy and the 20% fentanyl tariff will…

A GOAT Appears Index, Sector & Asset Performance U.S. equities closed the wild month of April strong despite tariff uncertainty and slower economic data surprises. The S&P 500 ended the week up +2.92%, ending at 5,686, logging nine consecutive positive days, its longest winning streak in 20 years. All major…

A GOAT Appears Index, Sector & Asset Performance A GOAT stock market data indicator, Zweig Breadth Thrust, is triggered on April 24th. US stocks rallied strongly last week with the walk back on tariffs last week by President Trump saying the tariffs on Chinese imports would “come down substantially.” China…

Too Much Washington DC Last Week Index, Sector & Asset Performance U.S. stocks started last week positive on hopes President Trump’s tariff exemptions were a small step toward an eventual trade deal with China. That optimism lasted about 24 hours as no deals have been made, the US policies toward…

Index, Sector & Asset Performance There are decades where nothing happens; and there are weeks where decades happen”–Vladimir Ilyich Lenin. The S&P 500 index traded in a very wide 12% range last week, 4854 low to a 5448 high, as investors fretted about ‘on again/off again’ tariffs alongside stresses in…

Index, sector & asset Performance Even prior to “Liberation Day”, economic growth worries were trumping inflation worries in the financial markets.  The S&P 500 fell -9.1% last week amid concerns about the impact of President Trump’s “reciprocal” tariffs on global economic growth. The S&P 500 ended last week at 5,074…

“Tarriff”ied 1q25 Index, Sector & Asset Performance This Monday morning, U.S. equities are pointing to further losses (S&P 500 > -1.2%) as “Liberation Day”, April 2nd, “Tariff Day” for President Trump approaches. After a mid-week rally last week. higher auto tariffs, sent the S&P 500 down -2% on Friday, -1.5%…

Back to Business Index, Sector & Asset Performance U.S. equity futures started higher during the 2nd half of last Friday and are +1% higher this Monday on signs that the April 2 round of tariffs may be more targeted than previously communicated. Last Friday, President Trump hinted that there could…

Is the bad “Super Bowl halftime show” stock correction over? Index, Sector & Asset Performance On the back of on-going and increasingly fluid Trump Administration tariff policies, the three major stock indices were down -2.3%-to-3.1% last week. A fresh batch of tariff threats from President Trump included a proposed 200%…

Self-Inflicted Economic Wounds Anti-Growth Policies are Weighing on Sentiment Index, Sector & Asset Performance The S&P 500 lost -3.1% last week and dropped into negative YTD territory for the first time this year. The NASDAQ fell -3.45% and fell into “correction” level, >-10% from its high. The S&P 500 ended…

Index, Sector & Asset Performance The S&P 500 ended its normal seasonally weak, 2nd half of February with a strong Friday rally ending at 5945. US equities fell -2.5% by Thursday’s close, hitting down -5.0% in less than a week, before jumping +1.60% on Friday to end the week down…

Index, Sector & Asset Performance The S&P 500 ended its normal seasonally weak, February option expiration week, down -1.7% at 6013. The S&P 500 is down -0.5% in February, but up +2.2% this year. The year-to-date performance of the S&P 500 mirrors historical 1st year Presidential term seasonals. Here is…