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…

Trademark Financial Market Update – June 1, 2022 1) Overall: Last week was a great one for risk assets.  Both stocks and bonds had been oversold from a technical perspective since perhaps the middle of March, but the previous rally…

The stock market recovery that began on March 15th has stalled out as comments by Fed Governor Lael Brainard on Monday scared investors in terms of the amount of Quantitative Tightening that might occur later this year and into next…

Summary Stock prices rebounded sharply last quarter as investors began to anticipate an economic recovery.  Whether the recovery actually comes to pass as soon as the market hopes is another thing entirely, but it is important to remember that the…