Insights

Summary Stocks gained a little over 6% last quarter while bonds rose 0.82%.<1>  Stocks continued the momentum from late 2016 as...

Summary The U.S. stock market rallied to new highs last quarter.  Investors appeared to be nervous leading up to the election, but...

Summary The third quarter was surprisingly strong for stocks.  The S&P 500 gained 3.88% with dividends included, its best quarter since...

Summary Financial assets had a tough second quarter.  Interest rates rose while corporate profits dipped.  Greece was once again in the...

Summary The U.S. economy improved modestly in the first quarter of 2015.  The bigger story, however, was how well the rest of the...

Summary It is hard to overstate the impact that weakness in the global economy had last year.  Because the United States was the only...

Summary Stocks posted another gain last quarter as measured by the two major indices (the S&P 500 and the Dow Jones Industrial Average,...

Summary The stock market rally continued through the second quarter of 2014.  There was a brief -4% “correction” in early April but...

Summary After a very strong 2013 it was reasonable to expect there would be some period of consolidation in 2014.  Stocks gave back...

Summary Stocks continued their rally in the third quarter.  The adage, “Sell in May and Go Away” has gained favor in recent years, in...

Summary The positive performance of the financial markets continued from the first quarter until the fourth week of May, when things...

Summary Stock prices surged in the first quarter of 2013, much as they did in the first quarter of 2012.  The similarities end there,...

Summary Asset prices improved in the 4th quarter for the most part, but the list of winners and losers changed quite a bit from earlier...

Summary Markets were surprisingly strong last quarter as fairly lackluster economic numbers brought about global central bank...

Summary The stock market pulled back during the second quarter but the decline was modest (3.1%).   More than 100% of the decline was in...

Summary Once again, most of what could go wrong for the global economy did not go wrong.  Investors began to accept the idea of a U.S....

Summary As is so often the case with stocks, a very bad quarter was followed by a very good one.  Last quarter the stock market rose...

Summary No two ways about it – the third quarter of 2011 was difficult.  The stock market declined all three months.  July was the month...

Summary Stocks rallied sharply in the last week of the second quarter to finish relatively flat.  The quarter had started strong for...

Summary Stocks posted another gain during a very volatile first quarter of 2011.  The U.S. stock market surged to a gain of more than...