Uncategorized

1st Quarter 2024: Market Commentary

Equity markets had a stellar run in the first quarter, with the S&P 500 up over 10% and nearly 30% from the October low. Improving economic fundamentals such as moderating inflation, a resilient labor market, and strong GDP growth propelled risk assets higher, with recession fears fading into the background. […]

Read More

February 2024: Monthly Market Moment

The stock market is having a decent start to the year with the S&P 500 up over 5% in just 6 weeks, continuing a rally from the fourth quarter built on improving economic growth and expectations of lower interest rates. Fears of recession, which dominated the narrative for much of […]

Read More

4th Quarter 2023: Market Commentary

Despite the year’s risks, 2023 ended up being a strong year for financial markets with gains in the equity market in double digits and bonds staging a year-end rally that reversed earlier losses. This was in large part driven by the market consensus that the Federal Reserve may have finally […]

Read More

November 2023: Monthly Market Moment

Financial markets continue to have some volatility, with changes in interest rate expectations, slowing economic indicators, and corporate earnings all influencing investor appetite and risk positioning heading into year-end. After digesting a slew of data in early October, markets settled into a holding pattern over the last few weeks as […]

Read More

3rd Quarter 2023: Market Commentary

The financial markets have experienced increased volatility in the last quarter, with equities still up this year but down from their recent highs. This has been in large part driven by interest rates which reaccelerated their upward trend in recent months after declining in the first half of the year. […]

Read More

August 2023: Monthly Market Moment

Since our last update, markets continue to trade at the recent highs after posting double digit gains so far this year. The dominant narrative on the street has notably pivoted in the last few weeks from fears of an imminent recession to cautious optimism that an economic contraction can be […]

Read More

2nd Quarter 2023: Market Commentary

The financial markets have continued their upswing in the last quarter, with equity markets now up double digits this year and more than +20% from their low. This has led many to conclude that the bear market is officially over. While the resolution of several headwinds cleared the way for […]

Read More

June 2023: Monthly Market Moment

Markets have turned positive since our last report, as a resolution on the debt ceiling, improving inflation numbers, and a pause on interest rate hikes have buoyed sentiment and returns. An “AI Boom” has also helped drive a significant rally in large cap tech stocks, with the S&P 500 now […]

Read More

May 2023: Monthly Market Moment

Thanks for tuning in to our Monthly Market Moment for May. Financial markets continue to be choppy, as a confluence of a slowing economy, changing monetary policy, and banking sector fears drive volatility. Nevertheless, we’ve seen a healthy bounce from year-end levels due in large part to a decline in […]

Read More