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Quarterly Perspective for 1Q18

Summary The stock market’s long quarterly winning streak ended in the first quarter, but the loss was less than one percent.  Probably more significant than the market’s loss in the quarter was the return of volatility – something we hardly…

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Quarterly Market Perspective for 4Q17

Summary There is really nothing negative one can say about 2017 in terms of the stock market.  Returns were great almost anywhere one invested.  A lot of market-friendly events occurred – Emmanuel Macron’s victory in France turned the tide against…

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3Q17 Quarterly Market Perspective

Summary The stock rally continued into summer as the S&P 500 tacked on 4.48% in the third quarter.[1]  That brings the year-to-date gain to just over 14%.  There is an increasing sense of inevitability about the market going up, which…

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Trademark Quarterly Perspective

Summary U.S. stocks rose for the seventh consecutive quarter.  The S&P 500 stock index added another 3.09%, bringing its year-to-date gain up to 9.34%.  Mid and small cap stocks lagged large caps again this past quarter, rising just 1.97% and…

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1Q17 Trademark Quarterly Perspective

Summary Stocks gained a little over 6% last quarter while bonds rose 0.82%.[1]  Stocks continued the momentum from late 2016 as corporate profit expectations remained high, while bonds benefitted from the idea that the economy would not grow at an…

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