Market Commentaries
December 2019 Market Commentary
January 14, 2020
U.S. equities closed out the year on a positive note as the “phase-one” U.S. – China trade deal boosted sentiment. Risk-assets were in vogue going into the new year, as dovish commentary from the U.S. Federal Reserve indicated that a significant move up in inflation would be required to...
Read MoreNovember 2019 Market Commentary
December 12, 2019
U.S. equities reached new highs in November and continued to gain on a mix of supportive monetary policy and hopes of a “phase-one” U.S. – China trade deal, lifting prospects of...
Read MoreOctober 2019 Market Commentary
December 11, 2019
U.S. equities reached new highs in November and continued to gain on a mix of supportive monetary policy and hopes of a “phase-one” U.S. – China trade deal, lifting prospects of an extended...
Read MoreSeptember 2019 Market Commentary
October 17, 2019
U.S. equities gained on strong employment and retail sales data, suggesting that the U.S. economy is holding steady amid concerns of global slowdown and faltering manufacturing activity. The Federal Reserve voted to cut interest rates...
Read MoreAugust 2019 Market Commentary
September 16, 2019
U.S. equities slumped as U.S. – China trade rhetoric continued to be front of mind for investors, amid underwhelming economic data. Federal Reserve Chairman Jerome Powell assured that the central bank will “act as appropriate” to extend...
Read MoreJuly 2019 Market Commentary
August 14, 2019
U.S. equities rose as the S&P 500 posted record highs mid-month. Broad better-than- expected earnings and technology gains led major indexes higher.
Read MoreJune 2019 Market Commentary
July 11, 2019
U.S. equities rebounded to a record high during the month of June following May declines. The advance was fueled in part by investors’ expectations of an interest rate cut following comments from U.S. Federal Reserve Chairman Jerome Powell...
Read MoreMay 2019 Market Commentary
June 17, 2019
U.S. equities declined during May. It was the S&P 500’s worst monthly performance since December of last year. In addition to the well- noted trade tensions with China, President Trump unexpectedly announced…
Read MoreApril 2019 Market Commentary
May 31, 2019
U.S. equities advanced as U.S. Federal Reserve officials continued to weigh the risks of raising interest rates amid global growth concerns and inflation readings coming in below market expectations. Strong GDP…
Read MoreMarch 2019 Market Commentary
April 16, 2019
U.S. equities advanced as Federal Reserve Chairman, Jerome Powell, affirmed the central bank’s decision to halt rate increases. Positive developments in U.S.-China trade relations and positive economic data continued to…
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