Market Summary

Fourth Quarter 2015 Market Summary

Posted by on Jan 27, 2016 in Market Summary

The Standard & Poor’s 500, a measure of the strength of America’s largest publicly-owned companies, showed a total return of 7% in the fourth quarter of 2015. Fourth Quarter 2015 Market Summary

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Third Quarter 2014 Market Summary

Posted by on Oct 31, 2014 in Market Summary

Periodic jitters over the Federal Reserve’s “taper” — the winding down of longstanding monetary policy liquefying economy — caused volatility in the third quarter. Nonetheless, at quarter’s end stocks ended higher, driven by a stream of improving economic data. Read more…

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Second Quarter 2014 Market Summary

Posted by on Aug 11, 2014 in Market Summary

It was the sixth year – and the sixth quarter – in a row that stocks climbed higher – a bull-market run to stunning that it is already assured to be talked about for at least a few generations to come. Financial protocol demands the five-year period be our focus. Five years is a good stretch. In this case, it was a great stretch. The first half of 2014 marked the bull markets fifth anniversary. Read more…

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First Quarter 2014 Market Summary

Posted by on Apr 22, 2014 in Market Summary

For the past five quarters – in fact, for the past five years – stocks have trended relentlessly higher with only minor interruptions. Most recently, those brief stock market corrections have been tied to the Federal Reserve’s talk of “taper” – the winding down of its quantitative easing (QE) program. Under QE, the Fed has systematically purchased $3 trillion of U.S. Treasury and Agency bonds, pushing bond yields down to stimulate the housing market, principally, and the economy more broadly. Read...

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Fourth Quarter 2013 Market Summary

Posted by on Jan 23, 2014 in Market Summary

In 2013, the Standard & Poor’s 500 far outperformed Wall Street’s strategists’ forecast for the year. The old adage about stock bull markets climbing a wall of worry proved true for 2013: Despite one economic bombshell after another, stocks relentlessly climbed: It started on January 1, the day personal income tax hikes kicked in. Then, Democrats and Republicans deadlocked on the federal budget and we went over the fiscal cliff, which mandated 10% across-the-board cuts in federal spending. Read...

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Third Quarter 2013 Market Summary

Posted by on Oct 22, 2013 in Market Summary

It’s easy to become transfixed by the media spectacle surrounding the latest partial government shutdown. Politicians and pundits have been using frightening rhetoric about crashing the economy, throwing thousands of people out of work, and the possibility of a U.S. Government default. In reality, however, government shutdowns are nothing new. In fact, you’d need amnesia to believe this is an aberration in American politics. Follow the link below to read more. 3rd Quarter Market...

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