Quarterly Market Review

Global equity markets staged an impressive rally in March rebounding from their February lows.  Stabilizing energy prices, an aggressive European Central Bank (ECB)...

Amidst continuing concerns of slowing economic growth in China, freefalling oil prices, a December Fed rate hike, a surprise cut in interest rates...

“Wealth consists not in having great possessions, but in having few wants.”                  Epictetus After ten consecutive quarters of positive total returns for the...

Global stocks produced mixed returns as signs of improving economic growth were offset by fears of rising interest rates and a worsening debt...

"Vision is the art of seeing what is invisible to others.”                                Jonathan Swift Investing is a global activity. About 50% of the world’s equity market...

The third quarter was not as productive for investors as the year’s first two quarters.  Hope for an improving global economic outlook has...

The year’s second quarter was full of surprises for investors, not all of them bad, as nearly all major asset classes gained over...

Both uncertainty and volatility increased at the start of 2014.  Equity markets fluctuated modestly during the quarter – initially suffering from geopolitical tensions...

Two institutions with the biggest influence on the stock markets in the past year, the Federal Reserve and U.S. Congress, both reversed policy...