Last year started fairly steady and strong, but lingering risks from the summer caused 2015 to fall flat, with broad-based negative stock market returns. Most economists predicted a healthy 2015, and it should have been by a number of historical standards. Unfortunately, not even the beloved Santa Claus Rally came to fruition. On the heels of such a year, and a rocky start to 2016, investors are left questioning the outlook for the markets. Last year proved that forecasts can easily go awry. That said, SageVest Wealth Management offers our insights for the year ahead.Read More
The third quarter was hopefully a time of enjoyable vacations, but it was also a time of tumult in the markets.
Performance among stocks was ugly, bringing the first correction since the autumn of 2011. Broad US stock markets were down 7% to 9% for the quarter and international stocks ended down more than 12%.
The only asset class that was positive was bonds.Read More
A docile second quarter proved to be anything but calm in its final week as a convergence of international events in Greece, Puerto Rico and China captured headlines and erased second quarter market gains. The quarter end’s sudden drop occurred in spite of continuing improvement in the U.S. economy and in many of the world’s larger market economies. The next few weeks could determine if continued economic recovery is enough to fuel a full seven-year bull market rally.Read More
It’s always important to evaluate your investment structure, and perhaps more so today, as the U.S. equity markets are now in their seventh year of a bull market cycle. This is not the longest or greatest bull market in history, but it is now the S&P 500’s third longest and fourth strongest bull market since 1929. It’s also well beyond the averages. This means it might be a good time to take stock of your stock market exposure and ask yourself three key questions.Read More
So far, 2015 marks a distinct reversal in U.S. market dominance as large-cap stocks floundered while international stocks thrived. The S&P 500 index and the Dow Industrial Average experienced significant up and down days, but ultimately moved nowhere.
Largely, a dramatic rise in the U.S. Dollar, placing our companies at a competitive disadvantage.Read More
Investors closely eyed the Federal Reserve (the Fed) this week, looking for indications of the first Fed funds rate increase since 2008.
The federal funds rate is the key driver for all types of interest rates and varies depending upon the strength of the economy. It sets the bar for bond prices, mortgages, loan rates, investments, real estate valuations, and so much more. As expected, the Fed removed the word “patient” from its policy statement, thereby opening the door to higher interest rates in the near-term.Read More
2014 was a banner year for the S&P 500 and the Dow Industrial Average as both indices set new records.
While the celebrations were joyous, they were also lonely when we look broadly across the investment markets. Smaller US companies posted meager returns after trending flat to negative for much of the year. International stocks had a less favorable outcome, ending down for the year in the wake of a global economic slowdown.Read More
Our domestic economy enjoyed a number of growth achievements in the third quarter, but investment results were mixed, with more negative results than positive in the wake of troubling global developments. The S&P 500 and the Barclays Aggregate Bond Index managed to post modest advancements of 0.62% and 0.17%, respectively. However, a far longer list of asset classes retreated, including US small-cap stocks down -7.36% and international equities down -5.27%, along with declines in real estate and commodities. The strongest sectors of the quarter were health care and technology. Energy and utility stocks fared worst.Read More
Investment markets painted a sea of green through the first half of the year as all major asset classes (stocks, bonds, commodities and real estate) were in positive territory. Stocks posted several new highs, despite advancing at a slower pace than 2013. The ‘surprise’ investment was bonds, which rallied as the 10-year Treasury rate dropped from 3% at year-end to 2.5% as of June 30th, rewarding bond owners at a time when many expected rising interest rates. Investors who remained in the markets have enjoyed positive absolute returns and an unusual level of market tranquility, offering a pleasant start to summer.Read More
After a stellar year for the stock market in 2013, the first quarter ended largely unchanged, yet with a fair amount of volatility along the way.
Stocks eked out modest gains, allowing the extended bull market to celebrate its fifth birthday in March, making this the sixth longest bull market since 1928. Bonds posted the greatest returns as investor confidence began to wane, causing flight into the safety of Treasuries. Bonds surged 1.8% in the first quarter, reflecting investor fatigue towards growth in the midst of Fed tapering, one of the worst winters in history and geopolitical uncertainty in the Ukraine that resurrected coldwar tensions with Russia.Read More