Good Sunday morning to all! As mentioned throughout the week, due to the birth of my nephew, we will have to forgo our weekly Research Report. However, we are able to offer the latest SOTM video with Wayne Nelson and myself alongside the most recent analysts’ report from J.P. Morgan Chase. Please click the link…...
Welcome to this week’s State of the Markets. Please click the following link to review the SOTM video. In this week’s episode we discuss the domestic political strifes that are overflowing into the equity markets. While the economic data is supportive of trend-growth and stable earnings, the market has been whipsawed all week long from headlines related to global trade…
The only sample size smaller than two is obviously one, but that’s how many times the stock market has combatted an impeachment, inquiry or otherwise. And with the headlines buzzing on the latest impeachment inquiry, they took the equity markets on a wild ride Thursday. Only twice before have the markets dealt with the threat…
At first glance, U.S. equities seem to be riding a bullish wave. The S&P 500 is up more than 20% in 2019, and the steady stream of IPOs for high-profile “unicorns” throughout the year suggested there was still appetite for growth-story stocks. In actuality, stocks are sitting under a pall of pessimism, with the market…...
And then the market got itself a’going! Tuesday was a jam-packed day of headlines that began with comments out of the United Nations General Assembly. Speaking to the U.N. General Assembly in New York, the president struck an bifurcated tone about reaching agreements with Beijing and other major trading partners. While slamming China for what…
What drove markets on Monday? Apparently nothing, as all 3 major U.S. indices finished just about flat for the day. It was if the trading day never took place if one looks at the closing values. The S&P 500 finished the trading day off .29 points for the day and on the heels of a…
The market fell last week and snapped a 3-week win streak after the major indices danced around record highs. For much of the trading week, the market managed to go nowhere, until Friday’s headline concerning China’s decision to forgo a state visit to Montana. In fact, all the week’s losses were largely contained to Friday,…...
Welcome to this week’s State of the Markets. Please click the following link to review the SOTM video. Our emphasis in this week’s SOTM video concerns the latest FOMC rate cut announcement and what we might expect from the economy and market going forward. We look at certain analogues and past examples of rate easing cycles. Additionally, we discuss some…
While Wednesday’s FOMC rate cut announcement stole the spotlight from other data points and prognostications, there was certainly a lot going on for investors to digest or brush off. Between the Bank of America Fund Manager Survey to the Duke CEO Survey, investors and analysts alike kept their head on a swivel heading into the…
This week, I had the pleasure of presenting our market outlook to clients at an event held at the Brookfield Zoo in Chicago, IL. As I journeyed through the park, I realized that aspects of the day-to-day operations at the zoo and several of the animals seemed applicable to the state of the economy and…...
