Insight Extra: Election Angst | 10.8.20

With less than a month to go, the anxiety surrounding the presidential election is reaching fever pitch. Reflective of the highly polarized political environment we currently find ourselves in, proponents of the two major parties are working overtime to convince voters the other side will have a draconian effect on the U.S.

Weekly Insight | September 23, 2020

Equities sold off again this week, taking their cue from weakness that began during the Federal Open Market Committee (FOMC) press conference. The S&P 500 was down 4.4%, while emerging market equities fell 3.5%.

Weekly Insight | September 16, 2020

It has been another week with no resolution in congressional stimulus discussions. The positive economic numbers we see may have led to a false assumption the economy is on better footing than it really is.

Weekly Insight | September 9, 2020

Equities suffered three days of big losses but were bookmarked by a bounce to end the week. The sell-off lacked an easy scapegoat, but a lot of chatter in the financial markets pinned the blame on excessive option buying in the technology sector, that then gave way to an air pocket once the activity dried up.

Weekly Insight | September 2, 2020

The preliminary GDP numbers for the second quarter were released this week. The decline in the quarter was adjusted from 32.9% to 31.7%. A 1% adjustment in GDP growth used to cause panic among economists.

Weekly Insight | August 26, 2020

Equities posted strong moves on the week led by large caps and technology. The NASDAQ advanced 4.7% on the week, whereas the small cap Russell 2000 was down 0.7%. Emerging market equities advanced 1.8%.

Weekly Insight | August 19, 2020

There was a sharp increase in productivity in the second quarter of 2020. Nonfarm business sector labor productivity increased by 7.3%. However, this number masks some underlying economic weaknesses. Productivity is calculated by dividing output by the number of hours worked.

Weekly Insight | August 12, 2020

Equities advanced on the week as small caps and financials lead the way. The rotation out of high-growth stocks again caused a notable performance divergence across the equity landscape. Some of the well-known momentum stocks have suffered sizeable drawdowns over the past couple of weeks.