Trademark Financial Market Update – March 2, 2023 I am inclined to see the stock market as a tug of war between bullish (upward) and bearish (downward) impulses. During a bull market, the upward impulses drive us to new highs…
Summary First of all, we are happy to report that the fourth quarter of 2022 was a positive one for both stocks and bonds. This allowed the year to finish well above the September lows. The S&P 500 closed with…
Summary As hard as it would have been to believe, three months ago, that the stock and bond market could both continue to decline, they both did. U.S. stocks gave up an additional -4.88% while bonds moved -4.75% lower. Through…
Trademark Financial Market Update – August 29, 2022 1) The big news today was always going to be the market reaction to Fed Chairman Powell’s Jackson Hole Speech. Powell wasn’t trying to move the stock market (even though he knew…
Summary The second quarter was a difficult one for stocks, as the S&P 500 plunged -16.1%[1]. In fact, we’d have to go back to the first quarter of 2020 to find a worse quarter (-20.0%). Beyond that, we’d have to…