Domestic equities continued their quiet walk during the 2nd full week of May, experiencing the smallest average intra-day trading range of the year and among the lowest in history. Some undoubtedly find the calm mood peculiar; there remain more than ample worries to fill the room; the sudden firing of the US FBI director, ongoing […]

US equities continued their move higher for a second week, resulting in another month of gains for domestic equities. But the real story during April was the strong performance turned in by international markets. While domestic equities as measured by the S&P500 climbed roughly +1% when including dividends in April, the MSCI EAFE more than […]

Following several weeks of wobbly economic data, rising geopolitical worries, and intensifying doubts regarding the ultimate fate of pro-growth fiscal agenda set forth by new President Trump, US equities managed to reverse their recent bleeding last week. The S&P500 mustered a gain of +0.8% despite a back-and-forth wobble experience day to day. But more encouraging […]

Following their all-time high on March 3, US equities continue to drift lower in recent weeks on the perspective that hard economic data is still not yet fully confirming the improvement in soft-data (aka consumer and business sentiment). The S&P500, Dow, and Nasdaq were each more than -1% lower for the Easter holiday-shortened trading week […]