Quarterly Market Review

Amidst continuing concerns of slowing economic growth in China, freefalling oil prices, a December Fed rate hike, a surprise cut in interest rates by the People’s Bank of China and further easing from the European Central Bank global equity markets propelled higher in the fourth...

“Wealth consists not in having great possessions, but in having few wants.”                  Epictetus After ten consecutive quarters of positive total returns for the S&P 500, the US stock market in third quarter shocked investors who had grown accustomed to gains and a lack of volatility....

"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 value is now outside of the United States. Not only does it matter where in the world you choose to invest, but...

The third quarter was not as productive for investors as the year’s first two quarters.  Hope for an improving global economic outlook has stalled for now, weighed down by economic troubles in Europe and uncertainty in many developing markets.  And low levels of market volatility...

Both uncertainty and volatility increased at the start of 2014.  Equity markets fluctuated modestly during the quarter – initially suffering from geopolitical tensions and weather-weakened data, before rebounding strongly toward quarter-end. An uncharacteristically cold winter took a toll on the economy in the U.S., with...

Two institutions with the biggest influence on the stock markets in the past year, the Federal Reserve and U.S. Congress, both reversed policy course from the third quarter, but with the same positive result – U.S. stocks finished the quarter by setting another all-time high,...