By: Wade Austin
2Q 2020 felt like the longest, slowest three months for many, but in capital markets, everything moved at warp speed.
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.