Quarterly Market Summary and Outlook – July 2022

Quarterly Market Summary and Outlook – July 2022

The U.S. economy remains on stable footing, supported by a strong labor market, healthy balance sheets, and solid consumer spending. However, persistently high inflation, a tighter Federal Reserve (Fed), a decline in business, and confidence present downside...

FDP Special Market Commentary

WHAT ARE BEHAVIORAL BIASES AND HOW THEY HURT YOUR INVESTMENT RETURNS Do you think that you make sound and thoughtful investment decisions? How about in times of high volatility and stress? Do you feel the pain of loss more than the joy of gain? Behavioral Finance and...

Quarterly Market Summary and Outlook – April 2020

The COVID-19 Recession and the Policy Response The year began on a firm footing. Economic growth appeared to be accelerating and job growth was strong. Coupled with low interest rates and forecasts for accelerating profit growth, stocks repeatedly hit new highs. At...

Quarterly Market Summary and Outlook – January 2020

A Decade Year, A Banner Decade The decade began under a dark cloud. The U.S. was climbing out of the Great Recession, and many wondered whether the economy might flounder for years. However, as investment legend Warren Buffett likes to say, “Never bet against...

Quarterly Market Summary and Outlook – October 2019

Trade Headlines and the Federal Reserve Every major stock index we follow has the same quarterly pattern for 2019: a sensationally strong Q1, a significant slowdown in Q2, and even slower Q3 returns. Investor concerns about trade wars, slowing GDP, ineffective Central...
Quarterly Market Summary and Outlook – July 2022

Quarterly Market Summary and Outlook – April 2019

A Strong Start to the Year The first quarter feels as if it has been the mirror image of the final quarter of 2018. Economic conditions are far from robust, but investors have jumped back into stocks, brushing aside fresh concerns. In fact, the S&P 500 Index...