2013 was an incredible year for domestic equities with various indices reaching record highs. The DJIA closed out the year at 16,500+, far exceeding our 2013 target of 13,800 based on 2013 fundamentals/earnings. As a matter of fact, year-end market levels actually...
It appears the third quarter was just an extension of the second quarter; domestic equity markets continued to touch new & recent highs and the yield on the 10 year note continued its rise, reaching almost 3%. As mentioned in the previous commentary, we felt...
As U.S. equity markets reached recent & all-time highs during the second quarter, various concerns surfaced resulting in a pullback in not only equities, but bonds and precious metals as well. Despite the implementation of the stimulus package in China committed...
It was only a year ago when our 2012 year-end target for the Dow Jones Industrial Average (DJIA) was reached during the first quarter and many wondered as to where the market would go from there. The same occurred this year when the DJIA surpassed our 2013 year-end...
