Category: Macro Market Movers

  • Bring Domestic Equities Recommedation ​Back to Market Weight

    Bring Domestic Equities Recommedation ​Back to Market Weight

    Stocks have had quite a run since the December 24 lows, with the S&P 500 Index up 19% to within 5% of last year’s record highs. Given this move in stocks, we believe it is prudent to readjust domestic equity allocations back to market weight.

  • The Fed on Reserve

    The Fed on Reserve

    The Federal Reserve (Fed) has doubled down on its patient stance. Policymakers signaled a complete pause in policy at the conclusion of the Fed’s March meeting, with a nod to a slowing pace of growth and global uncertainty.

  • Time For New Highs?

    Time For New Highs?

    After dropping nearly 20% late last year, the S&P 500 Index has officially bounced up more than 20% from the December 24 lows. As we noted at the time, most bear markets that take place in a non-recessionary environment tend to bottom near a 20% correction. Fortunately, that played out nicely, and now the S&P…

  • The Fed’s High Hurdle

    The Fed’s High Hurdle

    Today, the Federal Reserve (Fed) kicks off its second two-day meeting of 2019, and financial markets have high expectations for the outcome.

  • Time For a Small Break?

    Time For a Small Break?

    Small cap stocks staged a furious rally to kick off 2019, with the Russell 2000 Index up nearly 18% year to date at the early March peak. Of course, you may remember that small caps were down much more than large caps at the end of 2018, as the Russell 2000 lost 20.5% in the…

  • Will Brexit Go On Forever, Like Pi?

    Will Brexit Go On Forever, Like Pi?

    The Brexit saga seems like it has no end—sort of like the digits of pi as we celebrate National Pi Day today.