Read our current weekly market commentary

Close Icon
   
Contact Info     630-325-7100
15 Spinning Wheel Dr.
Suite 226
Hinsdale, IL 60521
Toll Free 888-325-7180

Category Archives: Economy

Stocks mixed on strong jobs report, higher interest rates

Regardless of what happens in the markets, stick to your investment program. Changing your strategy at the wrong time can be the single most devastating mistake you can make as an investor. – John Bogle It was a tale of two markets last week as the technology-heavy Nasdaq Composite Index dropped about 2% on rising […]

Take a Tour 

Spike in 10-year Treasury yield roils markets, S&P 500 down 2.5%

While it might seem that anyone can be a value investor, the essential characteristics of this type of investor – patience, discipline and risk aversion – may well be genetically determined. – Seth Klarman A spike in the 10-year Treasury yield to 1.6% roiled the markets last week as all three major stock averages closed […]

Take a Tour 

Stocks close mixed as the 10-year Treasury yield hits highest level in a year

Wall Street has a few prudent principles; the trouble is that they are always forgotten when they are most needed. – Benjamin Graham The major stock averages were mixed last week as the Dow Jones Industrial Average eked out a modest gain while the S&P 500 Index and the Nasdaq Composite Index were down 0.7% […]

Take a Tour 

Major stock averages close at record highs on stimulus hopes, strong earnings

Risk and time are opposite sides of the same coin, for if there were no tomorrow there would be no risk. Time transforms risk, and the nature of risk is shaped by the time horizon: the future is the playing field. – Peter L. Bernstein, American financial historian and economist Stocks continued their upward climb […]

Take a Tour 

Stocks rebound strongly on stimulus optimism, vaccine rollout

Stock market corrections, although painful at the time, are actually a very healthy part of the whole mechanism, because there are always speculative excesses that develop, particularly during a long bull market. – Ron Chernow After a volatile and losing week caused by a surge in prices of several stocks with significant levels of short […]

Take a Tour 

Stocks sink as short squeeze unnerves markets

Superior investors make more money in good times than they give back in bad times. – Howard Marks Although the good news far outweighed the bad news last week, it was speculative trading by retail investors in Gamestop and a few other heavily shorted stocks that caused massive losses at a few hedge funds and […]

Take a Tour 

Stocks rebound on strong earnings, stimulus hopes

That is one of the mysteries of our business, and it is a mystery to me as well as to everybody else. We know from experience that eventually the market catches up with value. It realizes it in one way or another. – Benjamin Graham The stock market rebounded in the holiday-shortened week to post […]

Take a Tour 

Stocks close lower on weak economic data, rising Covid-19 cases

The wisest rule in investments is: when others are selling, buy. When others are buying, sell. – Jonathan Sacks Profit-taking hit the stock market last week as both the S&P 500 Index and the Nasdaq Composite Index fell 1.5% even though President-elect Joe Biden announced a $1.9 trillion stimulus package and the Federal Reserve reiterated […]

Take a Tour 

S&P 500 gains nearly 2% for the week, bodes well for 2021

Over the short-term, however, the fundamentals are often overwhelmed by the deafening noises of speculation – the price at which the stock market values each dollar of earnings. – John Bogle Despite several events last week that under normal circumstances would have caused the stock market to trade lower, just the opposite happened as all […]

Take a Tour 

Dow, S&P 500 end year at record highs as Trump signs stimulus bill

A 10% decline in the market is fairly common – it happens about once a year. Investors who realize this are less likely to sell in a panic, and more likely to remain invested, benefitting from the wealth-building power of stocks. – Christopher Davis The major stock averages ended an otherwise dismal year on a […]

Take a Tour