The New (Ab)normal | Weekly Market Commentary | August 12, 2019

Stocks endured significant volatility last week but showed some resilience Wednesday, August 7, when the S&P 500 Index dropped as much as 2% intraday before rallying back late to close slightly positive. Stocks ended the week near flat, putting the S&P 500...

Currency Fears Emerge | Weekly Market Performance | August 9, 2019

The equity markets struggled in the week ending Thursday, August 8, weighed down by currency related trade uncertainty after China retaliated against new tariffs by devaluing the yuan. Several central banks cut interest rates, adding pressure on the Federal Reserve...

Market Insight Monthly | July 2019

ECONOMY: CONSUMERS PROPEL U.S. ECONOMY IN JULY Consumers showed signs of strength in July’s U.S. economic data. Leading indicators fell month over month for the first time in 2019. Still, the Conference Board’s Leading Economic Index (LEI) rose 1.6% year over year in...

Seasonal Slump? | Weekly Market Commentary | August 5, 2019

KEY TAKEAWAYS Last week’s stock market slide begs the question whether this August will fit its historical pattern of seasonal weakness. With the latest escalation of trade tensions, investors should be prepared for more market volatility this month. Other keys for...

A Fed Rate Cut and the Economy | Client Letter | August 1, 2019

We hope you have had an enjoyable summer! Thus far, temperatures have been at a maximum for much of the country, while typical summer storms have been at a minimum. A parallel can be drawn for the financial markets: Major stock indexes are hovering near record levels,...