The Long and Short of It: – The economy is strong, however, bad breadth and negative divergences in the markets could be a warning sign – The trend of the 10-year US Bond yield broke out of its 36-year downtrend 3rd Quarter Review US stocks had a solid 3rd...
2nd Quarter Market Commentary 2016 The Long and Short of It: The price of oil continues to make headlines causing some to think that the stock market’s performance is at the mercy of oil’s performance. We do not believe that to be the case for U.S. markets....
On paper things looked great for the markets as we wrapped up the 3rd quarter. The S&P 500 was up 6.35%, foreign markets as measured by the MSCI EAFE rebounded and were up 6.92% and emerging markets were up 6.97%. Even the bond market had a decent...