Our Insights:
The Bottoming Process Continues
MONTHLY MARKET COMMENTARY - OCtober 2022
Last month proved to be the worst trading month of the year as the dreaded “September Effect” once again claimed the month for the bears (see Market Data section). We’re referring to an anomaly involving the historical average of a 1% decline for the S&P 500 in the month of September (1928-2021).
The Bear Comeback
MONTHLY Market Commentary - september 2022
U.S. equity markets staged an impressive rally in July after a historically awful first half of the year. All major indices posted their best months in over two-years as they surpassed their 50- and 100-day moving averages. Unfortunately, the gains we witnessed in July fizzled in August as investors quickly lost hope that a dovish pivot by the Federal Reserve was on the horizon.
The Bottoming Process
MONTHLY MARKET COMMENTARY - JUNE 2022
Equity markets are in a bear market. At present only the Dow Jones Industrial Average is failing to meet the technical definition of a bear market which is a 20% decline from all-time high, yet it may come soon enough. History says it’s likely to get worse before it gets better, and while it may be difficult to be positive, the bottoming process has already begun in certain sectors of the market.
Market Outlook Brief: 2022
MARKET COMMENTARY- FEBRUARY 2022
Events in the first two months of this year, although slightly delayed, have finally allowed us to solidify our economic and market expectations for 2022.
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