Chasing the Clouds Away
September 08, 2021Equity markets were mixed this week as hiring data disappointed analysts. Nonfarm payrolls came in well below expectations, registering only 235K new hires against the expected 720K. Unemployment rates managed to meet expectations, coming in at 5.2%. Encouragingly, PMI data came in positive, with services meeting expectations and manufacturing exceeding expectations. Overall, the economy is
Mid Summer Heat
July 28, 2021Markets rose this week as PMI data continues its streak of expansionary readings. Economic data was still mostly disappointing for the week, with housing indicators and unemployment claims coming in under expectations. COVID-19 cases have been rising nationally again, with most new cases being attributed to the “Delta” variant, but so far deaths have not
Half Time for 2021
July 11, 2021Markets were mixed this week, with the S&P 500 reaching new all time highs. Economic data was mixed, but the most impactful news was a substantial increase in nonfarm payroll hiring, with the 850K June hiring surge coming in at approximately 17% over analyst expectations.
Model & Benchmark Details+
April 22, 2021In this month’s market recap, we review the performance of various asset classes and the driving factors behind this performance. We also discuss the most up to date analysis of our proprietary economic model – Recession Probability Analytics.
February 2021 Portfolio Update
February 18, 2021In this month’s market recap, we review the performance of various asset classes and the driving factors behind this performance.
Kicking Off 2021
January 05, 2021With 2020 officially in the books, 2021 is off to the races. The story for 2020 began and ended with COVID-19, and the pandemic still has a firm grip on the world as we move into a new year.
Curtain Call for 2020
December 28, 2020Stocks fell slightly even as a $900 billion stimulus was signed. Congress continues to argue about further direct payments to Americans, making the final week of 2020 crucial for passing legislation quickly.
Wrapping Up October
October 27, 2020Stocks declined this week as COVID-19 infections continue to increase globally. Economic data mostly improved this week, with PMI, unemployment claims, and housing data beating expectations.
October Optimism
October 05, 2020Stocks rose this week, breaking a four week streak of losses. Economic data was mixed this week, marked by an expectations miss in non-farm payrolls but also a lower than expected unemployment rate.
All Time Highs
August 27, 2020Stocks rose again this week as PMI numbers and existing home sales soared, helping propel the S&P 500 to close at all time highs on Friday. There seems to have been a streak of better than expected economic news lately, but markets will likely continue to be fixated on the rates of further recovery and any risks that pose a threat to its trajectory.
Recovery in Process
August 10, 2020Stocks rose this week as employment data beat expectations, helping support optimism surrounding the economy.
An Invisible Enemy Wreaks Havoc on the Economy
April 22, 2020There is a reason why local state and federal government officials have reacted to the coronavirus (COVID 19) in a way that is unlike anything most Americans have experienced before.
All Asset Classes Were Strong in 2019
February 22, 2020For those invested in the stock market last year, it was an exciting and rewarding year for many as stocks performed well and produced a banner year for equity investors.
