by Chris Bouffard | Jan 11, 2021 | Blog
The Bottom Line ● Stocks overcame a pair of contentious Senate runoff races, protestors storming the US Capitol, and a disappointing employment report to advance for the week and close at new all‐time highs. ● Bond markets have begun to price in higher inflation,...
by Chris Bouffard | Jan 7, 2021 | Blog, COVID-19
Quick Takes Finish strong. Stocks closed the quarter, and 2020, with strong returns, despite lingering economic concerns brought on by a resurgence in coronavirus cases, challenges with the vaccine roll‐out, and uncertainty around the policy implications following the...
by Chris Bouffard | Jan 4, 2021 | Blog
The Bottom Line ● Equities ended the week, and the year, at new record highs amid the rollout of several Covid‐19 vaccines and a new economic relief package from Congress. Combining 2019 and 2020, the S&P and Nasdaq had their best two‐year performance since 1998...
by Chris Bouffard | Dec 28, 2020 | Blog
The Bottom Line ● Equities were mixed in the holiday‐shortened week. The S&P 500 declined slightly, while the Nasdaq and Russell 2000 gained. It was the eighth straight weekly gain for the Russell 2000 which sits just below it’s all‐time high. ● Congress agreed on...
by Chris Bouffard | Dec 21, 2020 | Blog
The Bottom Line ● All four major stock market indices made record highs on Thursday, and advanced for the week. The Cboe VIX Volatility Index fell to 21.7 from 23.3 last week, and the US 10‐year Treasury yield rose 0.05% to 0.95%. ● Optimism for a new coronavirus...
