Market lore has it that former Federal Reserve Chairpersons Greenspan, Bernanke, and Yellen all provided the markets with what was effectively a put option. Hence the term, the “Greenspan Put”. If the economic signals started to... Read more »
Current Views
Second Quarter 2019 Equity Commentary
Published on Jul 15, 2019
Stocks closed out the 2nd quarter in robust fashion, lifting the S&P 500 to about a 4.3% gain for the period. Investors were encouraged by the resumption of trade negotiations between the US and China. While we believe a... Read more »
Equity Commentary | May 2019
Published on Jun 11, 2019
Market Overview Trade issues were once again a focal point for capital markets during May. While investors came into the month optimistic that a deal with China was nearing completion, things appear to have taken a significant... Read more »
Six Market Thoughts on Trade, Tariffs, China, and Choppy Markets
Published on Jun 5, 2019
- Politics don’t seem to matter much to markets until they matter - The S&P 500 is down about 7% from its late-April high - The yield curve inversion seems to be giving investors jitters of recession As usual, there is a lot... Read more »