by David Wagner | Jun 16, 2022 | Blog, Macro Updates
Obviously, yesterday’s news regarding the market was all about the Fed. Just a few weeks ago, it seemed very unrealistic that the market would get a 75bp hike in June. Yet, due to Friday’s CPI report and a “mysterious” WSJ article on Monday, it created an environment...
by David Wagner | Jun 10, 2022 | Blog, Market Reviews
The returns witnessed by investors over the past few years have been an outlier. Entering the year, the 3-year annualized return for the S&P 500 was ~25% with the U.S. Barclays Agg. returning ~5%. In an environment where one has had strong returns, it makes one...
by David Wagner | Jun 6, 2022 | Blog, Market Reviews
Developments over the Past Month: The Beatings Will Continue Until Morale Improves: Markets wrapped up a volatile month of May exactly where it began. We started May at 4,131 on the S&P and ended May at 4132. Along the way we had 9 of the 21 trading days see 2%...
by David Wagner | May 31, 2022 | Blog, Macro Updates
Right now, the consumer’s money in their wallet doesn’t jiggle jiggle, it folds. Everyone reading this has probably heard us continually state that the stock market is different than the economy, and that over longer periods of time, the consumer’s propensity to spend...
by David Wagner | May 20, 2022 | Blog, Macro Updates, Market Updates
First, I really wanted to touch base after yesterday’s price decline across indices – it was the worst day since June 2020. I know that I have been saying for quite some time that the market will continue to remain volatile until it perceives that we have seen some...
