Friday, June 22, 2018

Newsletter

Last quarter, we wrote about the Goldilocks environment (“Not too hot, not too cold, but just right”) and investor complacency keeping volatility at multi-decade lows and propelling stock markets to new highs. The third quarter followed suit in spite of escalating tensions with North Korea, several severe natural disasters and uncertainty around the prospects for tax reform and other domestic agenda items.

Read More on Market Review 2017 Q3

The “risk-on” theme persisted through the first quarter as improving economic data trumped elevated geopolitical uncertainty, both in the U.S. and abroad. 

Read More on Market Review 2017 Q1

“Not too hot, not too cold, but just right.” This Goldilocks sentiment, fueled by years of central bank accommodation and tepid economic growth has kept volatility at multi-decade lows, interest rates range-bound, and propelled domestic stock markets to new highs.

Read More on Market Review 2017 Q2

Donald Trump is inheriting one of the strongest economies that has been handed to a new President in recent history (based on 3Q GDP). Since the 1970s, only George H.W. Bush and Jimmy Carter assumed the office with higher GDP growth rates.

Read More on Market Review 2016 Q4