Investment Review – April 2019

April 23, 2019 Investment Review
Stack of coins

The major U.S. equity indices all posted gains in March. The Nasdaq Composite increased 2.6%, the S&P 500 added 1.8%, and the Dow Jones Industrial Average rose 0.1%. Coupled with the strong returns in the first two months of 2019, the S&P 500 posted its best first quarter performance since 1998. S&P 500 earnings growth ended 2018 […]

Read More

Investment Review – March 2019

March 22, 2019 Investment Review
Stack of coins

All three major U.S. stock indices continued their upward trend in February. The S&P 500 gained 2.9%, the Dow Jones Industrials gained 3.4%, and the Nasdaq Composite gained 3.7%. Non-U.S. stocks also rose. The MSCI EAFE Index rose 3% and the MSCI Emerging Markets index rose 1%. Treasury note yields rose slightly and across maturities in February maintaining […]

Read More

Investment Review – February 2019

February 19, 2019 Investment Review
Stack of coins

The S&P 500 surged 8% in January, ending 14.0% higher than the low reached on December 24. The dovish guidance from Fed Chairman Jerome Powell was a primary factor underpinning the market’s advance. The strong U.S. dollar remains a headwind for corporate revenues. On a trade-weighted basis, the greenback surged just shy of 8% in 2018. MPs in […]

Read More

Investment Review – January 2019

January 18, 2019 Investment Review
Stack of coins

The month of December saw declines across U.S. stocks with the S&P 500 -9.0%, -8.5% for the Dow Jones Industrial Average, and -9.4% on the Nasdaq. Equities saw the largest annual decline during the bull market of the past decade, posting a -4.4% total return on the S&P 500 in 2018, while closing the year […]

Read More

Investment Review – December 2018

December 12, 2018 Investment Review
Stack of coins

The stock market treated us to another volatile month in November. Indices squeaked to a positive close thanks to a rally in the last week. In November, the Dow Jones Industrial Average rose 1.7%, the S&P 500 gained 1.8% and the Nasdaq Composite rose .3%. Stocks are up this year through November month-end, although indices remain well off […]

Read More

Investment Review – November 2018

November 14, 2018 Investment Review
Stack of coins

Equities experienced a rapid and volatile correction in October. The Dow Jones Industrial Average dropped -5.1% and the S&P 500 declined -6.9%. The Nasdaq lost -9.2%, as the technology sector became a focal point of the selling during the month. While the indices rebounded from their worst levels at month’s end, they have given back much […]

Read More

Investment Review – October 2018

October 17, 2018 Investment Review
Stack of coins

U.S. stocks rose for the sixth straight month in September, ending near all-time highs and helping the benchmark index post the biggest quarterly gain (7.2%) in five years. Strong earnings growth and a range of positive economic data in the U.S. helped investors tune out political risk. This fueled the outperformance of domestic stocks over […]

Read More

Investment Review – September 2018

September 14, 2018 Investment Review
Stack of coins

The major U.S. stock indexes advanced in August. The Dow Jones Industrial Average increased by 2.2%, the S&P 500 was up 3.1% and the Nasdaq Composite advanced 5.7%. The bull market became one of the longest on record. The S&P 500 marked 3,462 days since the March 9, 2009 low through the end of August. The […]

Read More

Investment Review – August 2018

August 17, 2018 Investment Review
Stack of coins

The major U.S. stock indexes were strong in July. The Dow Jones Industrial Average increased by 4.71%, the S&P 500 was up 3.60% and the Nasdaq Composite advanced 2.15%. The U.S. Dollar Index was virtually flat in July. The Index is used to measure the value of the U.S. dollar versus six major foreign currencies. A […]

Read More

Investment Review – July 2018

July 10, 2018 Investment Review
Stack of coins

The major U.S. equity indices were mixed in June. The Dow Jones Industrial Average fell -0.6%, the Nasdaq Composite gained 0.9%, and the S&P 500 returned 0.5%. Investors are weighing the benefits of corporate tax cuts and strong earnings growth against the threat of a trade war. Strong S&P 500 earnings growth is expected to continue. Analysts […]

Read More