Investment Management

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…

Index, Sector & Asset Performance The stock and bond markets in the US are closed today for Presidents Day holiday. The S&P 500 ended its normal seasonal week early February, two-week down skid, finishing the week up +1.5%, at 6114, and a handful of points from a new ATH last…

Index, Sector & Asset Performance Groundhog week in the markets with U.S. stocks beginning a second straight week selling off on February 3rd, Monday morning on the back of the Trump administration announcing tariffs on Canada, Mexico, and China around noon Friday January 31st, while every other stock market in…

Index, sector & asset Performance Even with the early down start to the week, caused by Sensitivity to AI related news, the week looked great, until Friday around noon, with every other financial market in the world closed, White House press secretary Karoline Leavitt, took to the podium and announced…

Index, Sector & Asset Performance In a holiday shortened week due to the MLK holiday, the S&P 500 index rose +1.7% last week, boosted by better-than-expected quarterly results by bank stocks and hope that the Trump administration will reduce regulations and taxes. The S&P 500 ended the week at 6,101….

Index, Sector & Asset Performance US stock markets rallied last week on 1- weaker than expected inflation data and 2- good to stable other economic data. The makings of a “soft landing” for the economy stocks continue. Against the ongoing doomer calls for crashes for the last 2 years plus,…

Index, Sector & Asset Performance Global stocks declined last week on the back of a stronger than expected BLS jobs number leading to 1- a stronger dollar and 2-higher Treasury yields with the 10-year Treasury interest rate up +16bps on the week to 4.76%. The S&P 500 finished the week…

Index, Sector & Asset Performance While stocks declined 3 of the last 4 weeks of 2024, the S&P500 ended 2024 posting its second straight +25% annual gain including dividends for the first time since the 1995-2000 period. The Mag 7 (now the Mag 8 with Broadcom) gained almost +50% and…

Index, Sector & Asset Performance Even with a late-week selloff last Friday (S&P500, Nasdaq, and Russell 2000 all dropping over -1%), the S&P500 index closed the week up +0.7%. While the Santa Claus Rally kicked off Christmas Eve, with the S&P 500 gaining +1.1%, the Dow up almost +1%, and…

Index, Sector & Asset Performance The post Presidential election rally in the S&P500 ended abruptly last week, squashed by Fed Chairmen Jerome Powell’s more hawkish 2025 outlook for the Federal Reserve Open Market Committee. Prior to a big Friday rebound, the value tilted Dow 30 logged a 10-day consecutive decline,…