Market Overview Stocks moved higher during February, with the S&P 500 returning 3.2% for the month. We believe that expectations for a favorable resolution to US/China trade disputes and dovish signs from the Federal Reserve... Read more »
Current Views
Equity Commentary | January 2019
Published on Feb 26, 2019
Market Overview Stocks rebounded from a difficult end to 2018 with a strong 8% advance in January 2019. Markets were buoyed by a dovish Federal Reserve and positive press reports regarding trade negotiations between the US and... Read more »
Release of the Doves
Published on Jan 31, 2019
There were four 25 basis point increases in the Fed funds rate in 2018 and three in 2017. At the January 2019 meeting, the FOMC left the Fed funds rate unchanged at a target range of 2.25 – 2.50%. While the pause was expected,... Read more »
Fourth Quarter 2018 | Fixed Income Commentary
Published on Jan 24, 2019
Market Overview The final months of 2018 will likely be remembered across U. S. capital markets for extreme levels of daily price volatility. In fixed income, final year-to-date performance was for most bondholders generally... Read more »