Market Commentary
Insights and thoughts from our team of Financial Experts
Market Commentary 10/02/2020
Considering President Trump’s COVID diagnosis, we wanted to share a few of our initial thoughts with clients. We wish for the President and First Lady the same as we wish for anyone afflicted with this virus. That is, a speedy recovery with no ill effects. Markets are...
Market Commentary 9/03/2020
https://www.youtube.com/watch?v=ACKxx94KTsE&feature=youtu.be All information in this presentation is believed to be from reliable sources; however, we make no representation as to its completeness or accuracy. All economic performance data is historical and not...
Market Commentary 8/05/2020
https://www.youtube.com/watch?v=TrguahkiUgI&feature=youtu.be All information in this presentation is believed to be from reliable sources; however, we make no representation as to its completeness or accuracy. All economic performance data is historical and not...
Market Commentary 6/04/2020
As the country continues to ease into “re-opening”, stocks have been full speed ahead. Since the March 23 low, the S&P 500® Index is up ~38%. This is less than 7% away from the level the Index entered 2020! If, on January 1, 2020, anyone was to suggest the jobless...
Market Commentary 4/19/2020
Markets have started the process of healing from the initial shock of the pandemic. On March 23, stocks reached a low that we believe will hold and not be breached to the downside. The low on March 23, a Monday, was marked by widespread panic and dislocation in stocks...
Market Commentary 4/07/2020
Just a quick note ahead of our Weekly Market Recap on Friday. Please tune in (or watch on demand) to the video presentation on Friday to hear our thoughts on what is ahead for markets. Today, stocks are building on yesterday's gains. Yesterday's gains were dramatic...
Market Commentary 3/15/2020
In a surprise move, the Federal Reserve has cut interest rates by 1% to 0% and embarked on a round of quantitative easing "QE" that has not been seen since the Financial Crisis and never this much in one day. Despite such an unprecedented move, stock futures are...
Market Commentary 3/11/2020
The stock market has now priced in something along the lines of the following: Coronavirus will grip the country, and the world, for months to come. A full-fledged recession will occur in the United States this year. The oil industry will see major bankruptcies in the...
Market Commentary 3/09/2020
On Friday we shared with readers the axiom “Stocks never bottom on a Friday.” Well, are stock market bottoms formed on a Monday? That is a fair question, especially on a Monday like this one. The answer is “maybe.” The “Weekend Effect” is the name given to the...
Market Commentary 3/08/2020
Following a breakdown in negotiations among OPEC+ members, Saudi Arabia took the dramatic step of cutting prices by around $6 a barrel. This move has sent global oil prices down by 31%. The largest move since the 1990 Gulf War. In response to this move in oil,...