Market Updates

Chart of Interest – A Pickup in the Heartbeat

Chart of Interest – A Pickup in the Heartbeat

Is it a “stock market” or a “market of stocks”?  And does it matter?  Through the years the capital markets have exhibited eras defined by various behaviors and characteristics.  These can be both interesting and, more importantly, helpful in deciphering where opportunities may lie.  This old question of a “stock market” or “market of stocks” provides interesting context for today’s equity markets.

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Market Update March 2021 – Someone Tell Savings There Was A Recession

Market Update March 2021 – Someone Tell Savings There Was A Recession

When markets rise rapidly, investors typically break into two groups: the “momentum will continue” group versus the “too much, too fast” group. And following 2020’s event-driven hit to the global economy, a disruption unlike anything we have seen during this era, it’s an especially difficult environment for assessing the future. If the cause was unprecedented, will the rules apply to the response?

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The Much-Anticipated Return of Value?

The Much-Anticipated Return of Value?

It’s been talked about.  Investors had thought it would happen in prior months.  And now it looks to have arrived.  The much anticipated return of Value stocks, as they appear to finally be taking on market leadership.  Not to get ahead of ourselves, but this chart of the ratio of US Growth stocks versus US Value stocks looks ready to break out from months of transition to a position of Value leadership.

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Market Update February 2021 – Will the Momentum Continue?

Market Update February 2021 – Will the Momentum Continue?

When markets rise rapidly, investors typically break into two groups: the “momentum will continue” group versus the “too much, too fast” group. And following 2020’s event-driven hit to the global economy, a disruption unlike anything we have seen during this era, it’s an especially difficult environment for assessing the future. If the cause was unprecedented, will the rules apply to the response?

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Market Update December 2020 – Will the Value of Value become of Value???

Market Update December 2020 – Will the Value of Value become of Value???

The long-standing axiom that “markets lead the economy” sums up the unprecedented rebound in 2020. Or at least the markets think so. In the midst of health concerns, economic uncertainty, political turmoil (oh, and Brexit is back in the headlines), equity markets continue to march forward, or at a minimum, hold their ground. Has anyone told them how much disruption and risk is out there?

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Market Update November 2020 – Volatility v. Volatility

Market Update November 2020 – Volatility v. Volatility

Here we are. The convergence of three significant topics reaching a crucial point together. It started with a pandemic, which quickly roiled markets with fears of a major economic slowdown. The US political climate was already fractured and only became more divisive as the year moved on. Now we are here. The election itself has arrived and, as with prior elections, most voters are more than ready for its conclusion. But, for investors it is not an election “day”, but rather an election season.

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Market Update September 2020 – Confident Markets Without the Consumer’s Confidence?

Market Update September 2020 – Confident Markets Without the Consumer’s Confidence?

Market Update September 2020 – Confident Markets Without the Consumer’s Confidence? CAPITAL MARKETS It was bound to happen.  Since the March low, the equity market’s rebound had provided gains each month through August.  But September saw a pause as investors took a break to assess where the global economy stood following five-plus months of higher prices.  And there has been plenty to consider.…

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