RGWM Market Thoughts – October 4, 2019

RGWM Market Thoughts – October 4, 2019

The end of September saw the S&P 500 grow 1.87% for the month which pushed the market past the losses from July and August to end the quarter up 1.18%.  At a 19.94% return YTD, the S&P 500 ended the third quarter close to only 2% off its all-time...
RGWM Market Thoughts – August 14, 2019

RGWM Market Thoughts – August 14, 2019

This morning marked what many television market pundits have noted as an ominous milestone: the inversion of the yield curve (this one focused on the difference in 10-year and 2-year U.S. Treasury yields) for the first time since 2006.  Obviously, any data point...
RGWM Market Thoughts – August 5, 2019

RGWM Market Thoughts – August 5, 2019

With the start of Monday comes an extension of what was quite the eventful week for markets.  China’s announcement that it will be devaluing its currency comes after what was one of the busier weeks of the quarter for corporate earnings, important economic data...
RGWM Market Thoughts – May 31, 2019

RGWM Market Thoughts – May 31, 2019

The month of May saw a stark reversal of the upward trend in the markets we have seen year to date.  While the market remains up over 10% YTD, the S&P 500 is 6% lower than the all-time high reached in April. In our previous newsletter we outlined...
RGWM Market Thoughts – May 10, 2019

RGWM Market Thoughts – May 10, 2019

On Sunday, President Trump sent an afternoon tweet that the current 10% tariffs on $200 billion worth of Chinese goods will rise 25% on this Friday; he also threatened to place another 25% on an additional $325 billion of Chinese goods “shortly”. As one would expect,...
Federal Reserve and Market Notes

Federal Reserve and Market Notes

On Wednesday the Federal Reserve announced that they would not be adjusting the federal funds rate following their latest meeting.  While the market initially responded to the announcement with a rally due to the prospect of stable rates being constructive for...
RGWM Market Thoughts – January 30, 2019

RGWM Market Thoughts – January 30, 2019

January Recap and Portfolio Changes At the time of our last newsletter we were in the midst of a pronounced selloff in the market.  In that newsletter we covered some of the forces that were driving the sellers and pushing the buyers away. We have seen some of...
RGWM Market Thoughts – December 5, 2018

RGWM Market Thoughts – December 5, 2018

Last week we saw significant positive developments across a broad range of sectors in global equity markets.  The S&P 500 saw a weekly return of 4.91% with health care, consumer discretionary, and information technology leading the way.  Investors seemed...