Market Updates

Market Recap: Equities fell in March both domestically and abroad, with the S&P 500 losing 5.09% while international (EFA ETF) and emerging markets (EEM ETF) were lower by 7.83% and 9.25%, respectively. While the decline in international and emerging markets was greater, they Read More

Note: This update was written prior to the U.S. strike on Iran. While the outcome of this event is uncertain, the structural shifts discussed below remain unchanged. Market Recap: The S&P 500 fell -0.87% in February while the equal weight S&P 500 gained 3.4%. Beneath Read More

Market Recap 2026 is off to an interesting start. However, if you’re only paying attention to U.S equity indices you may be missing some important developments. In the U.S., the S&P 500 and Nasdaq are off to a choppy start, finishing January up Read More

Market Recap: 2025 will go down as a year that had just about everything. Political volatility, interest rate uncertainty, persistent AI bubble speculation, major market rotations, a decisive breakout in metals, international equity outperformance relative to the U.S., and meaningful crypto underperformance to Read More

Market Recap: Markets were volatile in November with the S&P 500 finishing slightly positive. This was not surprising given how dependent the current rally is on a small group of companies tied to the AI theme. During the late 1990s, we saw similar Read More