October 2017

October 2017

Much of this year’s boom in global equity markets seems to have been fueled by the notion that promises of reduced regulation, lower taxes, and increased infrastructure spending in the United States will become reality — driving more growth in the...
July 2017

July 2017

Companies need earnings and innovation for their stock price to grow. Earnings have been flowing quite nicely over the past six months due to lower energy prices and interest rates that had been in place for some time.  In fact, earnings for the S&P 500...
April 2017

April 2017

As we enter the second quarter of the Trump presidency, consumer confidence remains high, but it is not necessarily translating into economic activity. US equity indices have priced in significant economic growth that might not be immediately on the horizon. Recent...
January 2017

January 2017

It is not unusual for elections to have an immediate impact on stock prices as optimism is a powerful force in the short-term. Between election day and the end of 2016, the S&P 500 index rose by 4.6%. In the same time frame, it rose by 3.8% for Clinton, 4.2% for...