by PMG | Jan 22, 2020 | Weekly Commentary
Traders were in an upbeat mood last week, reacting to news out of Washington: the signing of the phase-one trade deal between the U.S. and China as well as the Senate passage of the U.S.-Mexico-Canada Agreement (USMCA). In addition, a new earnings season started. Risk...
by PMG | Jan 22, 2020 | Weekly Commentary
The market had a choppy five days, with traders reacting to geopolitical developments and weaker-than-expected jobs data. Even so, the three major U.S. equity indices posted weekly gains and continued their strong start to the new year. During Friday’s trading...
by PMG | Jan 22, 2020 | Plan to Rise Above
Looking back at 2019 where the S&P Index ended the year up an impressive 28.88% despite all the news stories of trade war, impeachment, IRAN, Trump tweets, etc. One other surprise besides total return might be the overall volatility of the market. Heading into...
by PMG | Jan 7, 2020 | Weekly Commentary
Stocks descended from record highs Friday, as traders reacted to a U.S. drone strike that killed Iran’s top military officer. Oil prices rose more than 3% following the breaking news.1 Wall Street benchmarks ended up having a sideways week, shortened by the New...
by PMG | Dec 31, 2019 | Weekly Commentary
Four factors influenced investment performance in 2019: a shift in U.S. monetary policy, the ongoing trade dispute between the U.S. and China, earnings, and the economy. Stocks reached record highs in 2019. The S&P 500 climbed above 3,000 for the first time. The...
