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Investment Commentary – January 21, 2025

Executive Summary Earnings season starts strong, and U.S. economic data keeps beating estimates. Last week, stocks and bonds were up on the week (bond prices up / yields down). The

Investment Commentary – January 13, 2025

Executive Summary Last week, US stocks and bonds were down. The MSCI EAFE (non US developed) and MSCI emerging markets indices outperformed the S&P 500. The best performing sectors in

Investment Commentary – January 6, 2025

Executive Summary Following a five-day selloff, Wall Street ended its longest equities losing streak since April. The Nasdaq 100 rebounded sharply on Friday, gaining 1.7%, while the S&P 500 rose

Investment Commentary Commentary – December 16, 2024

Equities The S&P 500 returned -0.6% for the week. After the blistering year-to-date rally, markets were marking time for this week’s Fed meeting. Economic data showed a mixed picture: while

Investment Commentary – December 9, 2024

Market Movements US Major stock indexes ended mixed in a week that saw the S&P 500 Index and Nasdaq Composite all continue to hit record highs, while the Russell 2000

Investment Commentary – December 2, 2024

Summary U.S. Stocks ended a shortened trading session higher, while Treasury Yields declined across the curve. The S&P 500 climbed more than 1% for a second consecutive week. Meanwhile, the

Investment Commentary – November 25, 2024

Equities The S&P 500 returned 1.7% for the week as the market shrugged off lackluster guidance from bellwether Nvidia and put their faith in the upcoming administration’s economic and deregulation

Investment Commentary – November 18, 2024

Market Observations Economic data continues to show signs of resilience, and inflation remains on a moderating path, providing room for further easing over time. U.S. data is holding up, confirming

Investment Commentary – November 11, 2024

What Caught Our Attention Last Week? Election sparks risk-on positioning. The Fed cut rates. China stimulus disappoints. The US stock market jumped for joy that the election results were definitive,

Investment Commentary – November 4, 2024

Equities The S&P 500 returned -1.4% amid mixed earnings announcements from technology bellwethers and a continued rise in interest rates. Communication services (+1.5%) and consumer discretionary (+0.5%) were the only