Stock market weakness late last week caused investors to ask whether the long-awaited market pullback may be at hand. This week, we review the drivers of the market’s impressive rally back to the break even point for the year, share our thoughts on whether the gains...
BEST QUARTER IN MORE THAN 20 YEARS FOR STOCKS AS ECONOMY REOPENS S&P 500 Index has its best quarter ever. The S&P 500 Index followed up first quarter 2020, one of its worst quarters ever, with its best quarter since 1998, returning 20.5%. The broader Russell...
This earnings season may be one to forget. We will see one of the biggest year-over-year quarterly declines in S&P 500 Index profits ever, and we will hear a lot about uncertainty facing corporate America as COVID19 continues to impact many companies in the...