By: Wade Austin
The “black swan event” for markets was turning off the U.S.
By: Wade Austin
From February 19th to March 23rd, the S&P 500 fell 34% as the “Great Lockdown” wreaked economic havoc and sparked alarming Depression fears.
By: Wade Austin
The four most dangerous words in investing are said to be, “This time is different.” Yet today, “unprecedented” is clearly more factual than hyperbole.
By: Wade Austin
After ending January with a minor 3% pullback upon the emergence of the coronavirus in China, the S&P 500 surged 5% to an all-time high of 3386 on February 19th, responding to better than expected corporate earnings and early signs of a global manufacturing recovery.
By: Wade Austin
U.S equity markets began the new decade seamlessly from 2019.
By: Wade Austin
It scarcely seemed possible one year ago – shortly after the S&P 500 dropped 9% between the Fed’s last meeting of the year and Christmas Eve –
After a bruising fourth quarter 2018, we just witnessed the best Q1 since 1998 and the best quarterly S&P 500 return since 2009.
Well, that escalated quickly. 2018 is in the books with the first negative stock market performance since 2008.
After posting its strongest quarterly returns in many years, the S&P 500 and the global stock market experienced its worst month since 2011.