Comments and Observations


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November 2016 Market Commentary 12/01/2016
The old expression “what a difference a day makes” strikes us as appropriate after the U.S. elections.

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September 2016 Market Commentary 10/01/2016
US financial markets were largely unchanged during September, hiding what was in fact an eventful month for economic and policy announcements, and revealing a lot about how markets might react to future changes in monetary policy.

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August 2016 Market Commentary 09/01/2016
If you were fortunate enough to get off the grid for the entire month of August, you might have assumed nothing happened when you returned in September.

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July 2016 Market Commentary 08/01/2016
Global equity markets shrugged off any lingering anxiety over Britain’s exit from the European Union (“Brexit”), with every major index finishing in positive territory for the month.

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June 2016 Market Commentary 07/01/2016
Great Britain’s historic vote to exit the European Union (“Brexit”) roiled the capital markets in June, as every major equity index around the globe initially responded with a precipitous decline.

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