Breaking records So far 2019 has been the year of breaking records. We are officially in the longest economic expansion, which started in June of 2009. After the steep market selloff in December, the major US indices have recovered their losses and reached new highs. The hopes for a resolution on trade, the Fed lowering Read more »
Happy New Year to all! 2018 kept us on our toes. It seems that 2019 is promising to do the same. All major world indices posted declines in 2018. S&P 500 finished lower by -4.5%. While the small-cap S&P 600 was down-8.5%. The International MSCI EAFE closed -13.8% cheaper for the year. The Bloomberg Aggregate Read more »
S&P 500 is down almost -16% so far in the last quarter of 2018. The market rout which started in October continued with a powerful selloff in December. The technology-heavy NASDAQ is down -20%, while the small-cap Russell 2000 dropped nearly -22%. Despite our strong economy major buyers remain on the sideline and retail investors Read more »