Market resilience was a pleasant surprise during 2020 after falling off a cliff in the first quarter. The sense of a bottomless pit was driven by overwhelming uncertainty associated with the introduction of COVID-19. The recovery in market levels was a positive sign...
The third quarter can be described as “bittersweet” as markets approached all-time highs before backing off in a healthy manner. It was reassuring to see how market resilience benefitted client portfolio values, but as markets continued to climb without regard to any...
We moved through the second quarter as observers watching economic history unfold as COVID-19 initiated the shutdown of all non-essential businesses. This resulted in an initial unemployment claims figure that did not even come close to any street projections. The...
After hitting all-time highs in February, U.S. equity markets abruptly turned for the worst as discerning news emerged regarding the novel coronavirus. In over a month, the Dow Jones Industrial Average (DJIA) dropped from a record high of 29,500+, to a 52-week low of...
