Market Commentaries
During Recessions, Stocks Have Historically Rebounded Before Earnings
04-07-2020 |A number of companies have been relatively transparent by providing on-demand operational updates during the current crisis. Our first official glimpse into company financials is right around the corner with first-quarter 2020 earnings season, and it is well documented that earnings and forward guidance will likely be abysmal.... Read More
Should Stock Investors Attempt to Time the Stock Market Recovery?
03-31-2020 |What a wild ride global equity markets took last week as investors attempted to digest an overflow of information regarding steps taken by the Federal Reserve and the Federal Government to combat the economic fallout associated with COVID-19. ... Read More
Monetary and Fiscal Stimulus to Help Stem Longer Term Economic Fallout
03-24-2020 |There wasn’t a major asset class that was able to avoid last week's sell-off as equities, fixed income, and commodities alike felt the pressure. Investors fear the unknown, which in this case refers to the length and magnitude of the impact that the novel coronavirus will have on the global economy.... Read More
U.S. Stocks are Looking More and More Attractive at These Levels For Longer Term Investors
03-17-2020 |Global equity markets continued to tumble lower last week, as new “social distancing” policies were implemented in response to the rapidly spreading coronavirus (COVID – 19). In the U.S., the S&P 500 Index fell to a level of 2,711, representing a loss of 8.73%, while the Russell Midcap Index retreated 12.87% last week. ... Read More
What’s Going on in the Oil Markets?
03-10-2020 |Markets experienced quite the inauspicious start to this week. If investors didn’t have enough to handle already, global equity markets plummeted on Monday fueled by a breakdown in discussions over oil production cuts at OPEC (the Organization of Petroleum Exporting Countries), triggering the 7% NYSE circuit breaker shortly after the open.... Read More
Can the 60/40 Allocation Help During Volatile Times?
03-03-2020 |Over the last few years, some have argued that the traditional 60/40 stock to bond asset allocation is dead. The justification for such an argument has been underpinned by the reality that interest rates are well below historical averages, and thus unable to offer investors an attractive income stream... Read More
New Developments Drive New Reactions to the Coronavirus
02-25-2020 |Once again, the infamous coronavirus is attracting attention. This time, investors may be taking the potential economic implications a bit more seriously. For some time, we’ve known about the virus’s potential impact on China, and in turn, the global economy. ... Read More
Balancing Short-term Gains with Long-term Growth Prospects
02-18-2020 |It’s no secret to stock investors that earnings drive long-term returns, but the expectation for what a company does with the cash it earns has changed over the last 30 years. Broadly speaking, a company has two options regarding what to do with any earnings (cash) generated during each fiscal quarter. ... Read More