Market Volatility Update
Last Friday was one of those days in the stock market that makes headlines. As we are writing this on Monday morning, it appears that today will be similar. On Friday the overall U.S. indices moved lower by about 3% with the Dow Jones Industrial Average down 530 points. The index is now around 10% below its high in May.
Continued Market Volitility
The most recent “reason” for volatility has been centered around Russia and Ukraine. Our hearts and prayers go out to the people of Ukraine as they undergo both an internal political crisis and what appears to be military intervention from Russia. We believe that...
Thoughts on Recent Volitility
As many of you may have noticed, the S&P 500 dropped 2.96% in the last 2 trading days of last week. (1/22/14 – 1/24/14) This round of market volatility was brought about in large part due to concerns over economic weakness in emerging markets and a poor reading on Chinese manufacturing.
Happy New Year! As we get started in 2014 we thought it might be helpful to outline our 2014 market outlook. At present, we have a general view that returns for stocks in 2014 could be described as a “forward grind”. This is fundamentally different than our view at the start of 2013.
Grinding Forward in 2014