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Market Commentary
Q4 2020

Reopenings and Vaccines Point to Better Economic Growth in 2021 One month into the 4th quarter brought great news to markets around the globe – the first vaccine was approved for distribution. This news could not have come at a better time given worries about a third wave of COVID infections and the likelihood that...
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Market Commentary
Q3 2020

Recovery Intact but Also in Need of Additional Stimulus The 3rd quarter started off strong with markets and economic indicators continuing to roar back from their COVID-shutdown lows. In September, though, U.S. equities experienced a 10% drawdown. The correction was led by a 12.5% sell-off to the COVID-winning stocks of the Nasdaq 100. Extended technology...
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Market Commentary
Q2 2020

“V” Shaped Recovery The first half of the year felt like an eternity with unprecedented economic and market volatility. The COVID global economic shutdown caused asset prices and economic activity to plummet almost overnight. The S&P 500 fell 34% but quickly bottomed on March 23 and has rebounded strongly since, now down about -2% since...
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