As we rang in the New Year, the three C’s – China, Commodities and Central Banks, continued to dominate the news wires and fueled volatility in equity markets. 2016 started off on a sour note as investors poured out of risky assets, oil plummeted, the Bank of Japan implemented negative interest rates on excess reserves[…]
The markets were up substantially during October as the S&P 500 registered a gain of +8.30%. This managed to push the year-to-date return slightly positive at +.99%. Trailing 12 gains were a less than respectable +3.04%. Check the PDF for all the details.
It finally happened. After nearly four years, stocks suffered a correction in late August. Sure, it hurts to lose money, just like it always does. But I’m a numbers guy, so I find it helpful to review the historical record for the frequency and severity of such events, and more importantly, what to expect on[…]
The markets continued their downward trajectory during September with the S&P 500 Index registering a return of -2.64%, bringing the year to date decline to negative -6.74%. For the trailing 12 months, the S&P 500 is down -2.65%. Year-over-year, crude oil is down from about $95.00/bbl to ~ $45.00/bbl, or a decline of almost 53%[…]
For the equity markets, 2014 began modestly with a +1.81% S&P 500 return for the first quarter. We believe this is a healthy pause following 2013’s strong showing, giving the market room to consolidate those gains. Earnings continue to grow, lending support to these higher prices while keeping valuations in line and attractive in many[…]
The equity markets continued their positive advance in the 3rd quarter with the S&P 500 closing out the three month period up +5.24% leaving the year-to-date gains at +19.79%. A great year by any standard, but the enthusiasm has been tempered recently thanks to the standoff on Capitol Hill. Cyclical names performed the best in[…]
Although it may not feel like it given the recent volatility, the equity markets posted another positive quarter with the S&P 500 gaining +2.91% the last three months. Gains for the year now stand at +13.82%. 2013 has registered the best first half start for the equity markets since 1998 in spite of the economy[…]