Market Updates | October 14, 2024
2024 Market Update 3rd Quarter

The third quarter was ultimately a strong quarter in the stock market, albeit with several notable reversals in sentiment and stock prices along the way. In early July the Federal Reserve strongly suggested that it would start reducing interest rates at its September meeting. The Fed’s stance, along with softening inflation readings fueled the soft landing narrative allowing stocks to…

Market Updates | July 18, 2024
2024 Market Update 2nd Quarter

All things considered the overall investment landscape is largely unchanged from three months ago after an uneventful second quarter. There are still two wars with no resolution in sight; inflation in the US continues to slowly fall to pre-pandemic levels; interest in AI is at a fevered pitch; the economy appears headed for a soft landing without a widespread recession;…

Market Updates | April 15, 2024
2024 Market Update 1st Quarter

The S&P 500 has continued its steady ascent that started at the end of last October, finishing the first quarter up about 27% on a price basis since then, and about 10% year-to-date. In 2023 only three sectors outperformed the S&P 500, and by wide margins, but the rally has broadened considerably. In 2024 several more have outperformed or are…

Market Updates | January 12, 2024
2023 Market Update 4th Quarter

The S&P 500 spent the last few days of the year trading just below a new all-time high, but ultimately failing to broach its January 3rd, 2022 record close. The stock market’s price action over the last two years, and the news in the world in general, has been nothing if not interesting. A 25% price drop by mid-October of 2022, 5.25% of…