Market Commentary

Q3 Commentary, 2024

Third Quarter of 2024 Commentary: Thank You, Federal Reserve!  As you might imagine, bonds, utilities, and some REITS put in solid performances, thanks very much to the fight against inflation by the Fed. The rate cut of 50 basis points showed that the Federal Reserve...

Q2 Commentary, 2024

So far so good…2nd Quarter 2024 Market Commentary Technology was still alive and well in the 2nd quarter, with about 20% of the increase in the S&P 500 being due to positive results in this market sector. Nvidia, Apple, and Microsoft alone equal about $10 trillion...

Q1 Commentary, 2024

1st Quarter 2024 Review & Commentary: Thank Goodness for a Breather By anyone’s estimation, the equity markets enjoyed a tremendous first quarter, and a great start for the year. This quarter’s performance built on the positive momentum from Q4 2023. There were a...

Q4 Commentary, 2023

4th Quarter 2023 Review & Commentary: Thank Goodness for a Breather 2022 was an ugly year for everyone. Thank goodness for 2023! These 2 years were pretty much complete opposites. In 2022, the “Magnificent 7”: Google, Apple, Microsoft, Meta, Nvidia, Amazon, and...

Q3 Commentary, 2023

Quarterly Commentary - The Real Story Behind Q3, 2023 Market Index Returns Q3 2023 Index 1 month 3 months YTD DJIA -3.50 -2.62 1.09 NASDAQ Composite -5.81 -4.12 26.30 Russell 2000 -6.03 -5.49 1.35 S&P 500 -4.87 -3.65 11.68 S&P 500 Equal Weighted -5.26 -5.38...

AGCA Market Commentary First ½ Scorecard 2023

AGCA Market Commentary First ½ Scorecard 2023 A handful of technology stocks have created almost all the YTD returns of the S&P500. The breadth of stock participation was very narrow contributing to +16.38% return of the index for the first half of the year. The...