Q2 2024 Market Commentary
Markets have been experiencing a heat wave recently, with stronger than usual growth over the past twelve months. While that growth continued in the third quarter, patterns shifted and a new array of sectors helped lead the broad market higher.
Q2 2024 Market Commentary
While increases in prices, temperatures, and political headlines have been quite noticeable, we have also been monitoring areas of the market and economy that have been on a cooling trend over recent weeks and months.
Q1 2024 Market Commentary
The collapse of the Francis Scott Key Bridge, while devastating, did not paralyze the nation's economy; similarly, a diversified portfolio is structured to absorb volatility without jeopardizing overall performance.
Q4 2023 Market Commentary
The strong rally over the final two months of 2023 has led to the question of whether potential 2024 price gains may have been pulled forward. To some extent, we would say yes. Stock valuations aren’t unreasonable given where interest rates are, but they are pricing in a strong probability of several interest rate cuts in 2024.
Q3 2023 Market Commentary
With the economy remaining stronger than expected and the Fed signaling one more rate hike in 2023, investors are being forced to recalibrate their expectations for both stock and bond valuations.
Q2 2023 Market Commentary
The challenge of prediction is not in determining what will happen, but rather when it will happen.
Q1 2023 Market Commentary
It is a collaboration with our clients that spans technical details, emotional needs, and the irrational and unexpected elements of life goals that makes possible the process of determining the path forward.
Q4 2022 Market Commentary
Financial markets, much like our weather, are usually mild and uneventful. What sticks in people’s minds, however, are the extreme events.
Q3 2022 Market Commentary
The essence of elasticity is reversibility. While financial markets don't behave in such simplified ways, the same concept can be helpful to consider during periods of dramatic price appreciation or decline.
Q2 2022 Market Commentary
Reflecting on past periods of economic and political turbulence won’t provide a precise roadmap for the current moment, but it can provide a comforting reminder about the longer arc of progress.
Q1 2022 Market Commentary
We expect commodity prices to remain elevated in the near term and any recovery in stock and bond prices to be tempered while investors reevaluate growth expectations in a less interconnected world.
Q4 2021 Market Commentary
January brings the annual tradition of envisioning the year ahead. In financial markets, this means attempting to predict what can not be controlled.
Q3 2021 Market Commentary
Investor sentiment is slowly shifting from the optimism of early-2021 when investors believed ‘when this pandemic is over, things will be better,’ to a more pragmatic outlook that acknowledges the pandemic is not over and may linger.
Q2 2021 Market Commentary
Global economic activity has picked up over the last three months, reflecting pent-up demand but still faces several road bumps as the pace of recovery varies between nations.
Q1 2021 Market Commentary
In the current pattern of growth, interest rates are likely to be volatile while both production and employment are recovering, and equity prices are likely to behave in kind.
Q4 2020 Market Commentary
As we enter 2021, we expect to encounter potholes as well as progress, with an uneven path to global economic recovery over at least another year or two.
Q3 2020 Market Commentary
A "K" shaped pattern recognizes the dramatic variation in recovery among different industries, demographics, and individuals, and highlights the current inequality in our economy.
Q2 2020 Market Commentary
We observe the shock of the initial coronavirus crisis evolving into energy for creative economic recovery.
Q1 2020 Market Commentary
Our world is moving at breakneck speed as we ramp up the production of essential items, medical equipment, and vaccines to tackle the current health crisis. The financial markets fluctuate like a roller-coaster in time with the news cycle as they try to respond to each new development.
Q1 2020 - Mid-quarter Commentary
The Coronavirus leads most news headlines with effects spreading across the globe. Partners Kate Campbell King, CFP® and Brian Kozel, CFP® sat down to discuss the current state of the financial markets and how a sudden and unexpected risk is reflected in our investment strategies.