Overview- The market moved higher in Q3, with the S&P 500 up +5.8%. The market rally appears to be broadening with Midcap, SmallCap and Value doing as well as if not slightly better than the S&P 500. This is a marked contrast from the first half of the year, where the top 10 names [...]
Overview- We expected equity markets to pause after they ran higher in Q1. In fact, most of the market did just so: For 2Q Small Cap stocks were -3.1%, Mid-Caps were -3.5%, the Dow Jones Ind Avg was -1.3% and the average stock in the S&P 500 was -2.6%. Remarkably, the Cap Weighted S&P 500 [...]
Overview- The equity market continued its ascent during the first quarter, but it is showing signs of needing a pause to refresh. Below are the factors that may give the market a break from its current uptrend. Valuation- While market valuations are expensive, valuation is rarely a harbinger of short-term changes in the market. [...]
Overview- The last 2 years have been full of surprises in all markets, and this year may well hold a few more. We wanted to highlight several market factors that help influence the composition and allocation in our portfolios. Below is a brief synopsis of the key factors we evaluate when assessing the health of [...]