Positive Momentum. The global recovery remains largely on track, as economies continue to rebound from the dislocations caused by the pandemic. Massive fiscal stimulus,
Stay for May. Despite the old Wall Street adage of “sell in May and go away”, the S&P 500 registered the fourth consecutive month of
Rally On. For the third consecutive month, equity markets moved higher in April, lifted by a succession of robust economic reports and a healthy
Rally On. Slightly over a year ago, equity markets bottomed following a sharp 30% decline in only twenty-two days. No market or sector was
Rally Resumes. Despite a rise in late-month volatility driven largely by a move higher in US interest rates, equity markets saw a reasonably strong month
The remarkable price rise of videogame retailer GameStop’s shares dominated business conversation this week. In the simplest telling of events, an army of retail investors
Market Currents A Surprisingly Good Year. Defying expectations, 2020 turned out to be a rewarding year for equity markets and most other financial assets.
We write you on the eve of a Thanksgiving that will be a different one from usual for countless of us. As you know well,
Market Currents October’s Volatility. The stock market hit a speed bump in October, as investors reacted to a global resurgence of the coronavirus, concerns
Market Currents Strong End to Quarter. Despite a pickup in volatility and negative results in September, a strong July, and the best August performance
Market Currents End of Q3. Despite a pickup in volatility and negative results in September, a strong July, and the best August performance in
The S&P 500 hit a fresh all-time closing high earlier this week, eclipsing its prior high set on February 19th, and is now up nearly