Quarterly Insights
Each quarter we provide an overview of the global financial marketplace and a future outlook on the market’s potential.
Recent Insights
Q2 2022 – “Lessons Learned During Previous Bull and Bear Markets”
While examining past market cycles is interesting, it does not provide a magic formula for investors trying to determine the market bottom. The old adage is still true that past performance is no guarantee of future results, but we can still learn lessons from past bull and bear markets and apply them to our current investment decision making.
Q1 2022 – “Despite Economic Headwinds, Positive Indicators Shine Through”
A number of existing issues continue to weigh on markets, including the extraordinary monetary and fiscal stimulus measures taken to boost the economy amidst the COVID pandemic, as well as new issues such as the war in Ukraine. Disruption from the war and sanctions on Russia will exacerbate the supply-side inflationary problems worldwide in the near-term. However, the labor market remains strong, as are consumer balance sheets, and there is still a lot of pent up consumer demand for a range of products and services.
Q4 2021 – “Can the Federal Reserve ‘Thread the Needle’ With Interest Rates?”
We believe the biggest risk to markets is the prospect of continued or worsening inflation, and understanding the causes and likely actions by the Fed to combat it is critical. However, we do believe the Federal Reserve will manage the interest rate situation prudently and that inflation will remain historically high but manageable.
Q3 2021 – “Interest Rates and National Debt Continue to Weigh on Markets”
With a number of factors continuing to grip the stock markets, we see potential for higher equity prices in the near-term but lower overall returns next year, especially compared to the past few abnormally high-return years.
Q2 2021 – “Another ‘Tantrum’ in 2021 or 2022?”
In response to the economic devastation from the COVID-19 pandemic, the avalanche of grants, loans, and government stimulus provided to businesses and individuals, has been unprecedented.
Q4 2020 – “New Year, New Outlook for the Country”
The impact of the COVID-19 pandemic has been widespread, affecting all aspects of the economy and government. However, during the post vaccination period, we believe pent-up demand for virtually everything outside the home will provide a springboard for a dramatic economic recovery in the 2nd half of 2021.
Q2 2020 – “The Return to a ‘New Normal'”
In response to the economic devastation from the COVID-19 pandemic, the avalanche of grants, loans, and government stimulus provided to businesses and individuals, has been unprecedented.
Q1 2020 – “Coronavirus Dominates Global Discussion”
We believe the recently approved coronavirus stimulus package combined with the Federal Reserve’s ability and willingness to print trillions of dollars should help cushion a longer and steeper downturn.