The financial markets performed well again in April, supported by continued positive developments around the COVID vaccine rollout and fiscal stimulus. The MSCI ACWI Index, which represents global equities (i.e., both U.S. and international stocks), advanced by 4.37%, the U.S. large-cap Russell 1000 Index rose 5.38%, the U.S. small-cap Russell 2000 Index increased by 2.10%, | Read More +
Category: Our Thinking
Insights: Fiscal Stimulus, COVD-19 Developments, and Corporate Earnings
The financial markets performed well in February, supported by continued fiscal stimulus, positive developments around COVID-19, and solid corporate earnings. The MSCI ACWI Index, which represents global equities (i.e., both U.S. and international stocks), advanced by 2.3%, the U.S. large-cap Russell 1000 Index rose 2.9%, the U.S. small-cap Russell 2000 Index increased by 6.2%, and | Read More +
Insights: The Markets, COVID Developments, and Corporate Earnings
The new year started on a generally positive note for the markets, supported by low interest rates, positive vaccine developments, and impressive corporate earnings. In January, the MSCI ACWI Index, which represents global equities (i.e., both U.S. and international stocks), declined by 0.5%. The U.S. large-cap Russell 1000 Index fell 0.8% in January, although the | Read More +
Insights: COVID Developments, the U.S. Presidential Election, and Fiscal Stimulus
Global equity markets moved higher across the board in November as clarity emerged around the U.S. presidential election results, and three companies shared positive data from COVID vaccine trials. During the month of November, the MSCI ACWI Index, which represents global equities (i.e., both U.S. and international stocks), has risen 11.8%, while the MSCI ACWI | Read More +
Insights: The Markets, Fiscal Stimulus, and the November Elections
Market Update At the end of September, financial markets experienced a modest sell-off; since then, however, performance has been positive. The MSCI ACWI Index, which represents global equities (i.e., both U.S. and international stocks), has risen 3.2% to date in October, while the MSCI ACWI Ex-USA (international stocks) has increased by 2.8%. U.S. large cap | Read More +
Insights: Our Perspective on Events Impacting Investors September 12th
Market Update At the time of our last commentary in August, markets were on a steady upward trend. So far this month, however, we have seen a modest — albeit sharp — sell-off in equity markets, particularly in technology stocks. Since September 1st, core U.S. bonds, as represented by the Bloomberg Barclays Aggregate U.S. Bond | Read More +
Insights: Our Perspective On Events Impacting Investors August 22nd
Market Update COVID-19 statistics, consumer spending, and improving trends in employment data drove positive equity gains for most indices since our last update. The MSCI ACWI Index, which represents global equities (i.e., both U.S. and international stocks), gained 1.6% over the past two weeks, while the MSCI ACWI Ex-USA (international stocks) gained 1.1%. U.S. large | Read More +
Insights: Our Perspective On Events Impacting Investors
Market Update U.S. manufacturing Purchasing Managers Index (PMI) data, progress on U.S. fiscal policy negotiations, modest easing in COVID hotspots, and a strong U.S. employment report drove positive equity gains this week. The MSCI ACWI Index, which represents global equities (i.e., both U.S. and international stocks), closed the week up 2.2%, while the MSCI ACWI | Read More +
Insights: The Markets This Week and The 2020 U.S. Elections
Market Update Markets were mixed this week as they digested an enormous amount of news that ranged from generally positive corporate earnings and plateauing COVID cases/hospitalizations in key U.S. hotspots, to second-quarter GDP data, to stalled fiscal stimulus negotiations, and an increase in continuing jobless claims. The MSCI ACWI Index, which represents global equities (i.e., | Read More +
Insights: The Markets, Economic and Mobility Data, and Fiscal Stimulus
Market Update The markets finished the week largely unchanged, in a week that had generally positive Q2 earnings reports and an agreement on a fiscal stimulus package in the E.U. The MSCI ACWI Index, which represents global equities (i.e., both U.S. and international stocks), closed the week down 0.1%, while the MSCI ACWI Ex-USA (international stocks) | Read More +
