April 2021

Q2 2021 Market Update

Major U.S. equity indexes advanced higher in April hitting record levels. The S&P 500’s market breadth has been broad a sign that there are more gains ahead. But first the market may pullback in the face of overbought conditions and seasonally weak investment period ahead.

January 2021

Q1 2021 Market Update

Monetary and fiscal stimulus, along with the unleashing of trillions of dollars in economic activity as vaccines re-open economy, should be enough to keep the market trending higher this year. Cyclical stocks sensitive to economic growth are outperforming defensive stock sectors - a harbinger of better times ahead.

October 2020

Q3 2020 Market Update

The markets are concerned about a contested election and the possibility of tax and regulatory increases in 2021 under a Biden presidency. The stock market hates uncertainty and so market volatility should remain elevated until after the election.

July 17. 2020

Q2 2020 Market Update

The U.S. economy is recovering and stocks are rebounding from their steep bear market losses. Until an effective vaccine is widely available, the market is vulnerable to pops and drops with the daily virus and election related news headlines.

April 1, 2020

Q1 2020 Market Update

Despite the waterfall decline over the last month, reflecting the demand shock and economic impact of the Coronavirus pandemic, there have been small signs that a bottom may be developing.