Market Updates

Trade Season

If you are a baseball fan, mid-season trading can either give you reason to cheer or express concern about your team’s future. Teams are focused on the August 1st deadline to get their best trades done, hopefully raising the prospect for post-season play. Understanding the trade-off between gettin[...]

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Bright Spot

In the midst of convention turmoil and concerns about the economy’s growth rate, it is nice to find a bright spot in all the data we track. On Tuesday, we received information about the current state of the housing market and the news was good. While housing usually represents 3-5% of the overall [...]

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Not All Strawberries and Cream

Today marks the end of the two week Wimbledon Tennis Tournament. An American, Serena Williams, won the women’s final and a British (ne Scottish) tennis player, Andy Murray, won the men’s final in convincing fashion. This may be the salve the Brits needed after the “leave” Brexit vote created[...]

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2016 Third Quarter Market Webcast

The Third Quarter 2016 Market Outlook is presented by Joseph F. Hickey, CFA, Senior Portfolio Manager and David G. Carroll, CFA, Senior Portfolio Manager. Joe begins by reviewing several causes of low stock market returns over the past year and what expected earnings are projected to be over t[...]

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More of the Same is Not so Bad

As we plan our holiday weekend we were discussing our attendance at the Stone Bank July 4th parade.  My wife and son are excited about this family tradition while I was hoping for something new.  Stone Bank is a small unincorporated town 30 miles west of Milwaukee and the parade is everything a sm[...]

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Stairway to Heaven

Last week, Jimmy Page, the lead guitarist for the iconic band, Led Zeppelin, was in the news regarding a copyright infringement case concerning the opening riff for the song Stairway to Heaven. We don’t know how the case will turn out, but it gave me the opportunity to revisit the lyrics from this[...]

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2016 Second Quarter Market Webcast

Our Second Quarter 2016 Market Outlook is presented by Joseph F. Hickey, CFA, Portfolio Manager. Joe begins the presentation by discussing returns across asset classes and how worldwide policies and events are affecting these returns. He continues with the current surplus of how crude oil wi[...]

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Negative Interest Rates: Powerful Out-of-the-Box Thinking or Insanity?

by Wendy W. Stojadinovic, CFA Director of Fixed Income Strategy Yes, it’s true: there actually are investors who are buying bonds that have negative yields. For example, investors are buying German two-year government bonds with a 0% coupon for a price of $101 knowing they will only get $100 [...]

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Crude Oil Prices Are Up Since Mid February: What’s Happening?

by Joseph F. Hickey, CFA Director of Equity Strategy  Spot oil prices were $48 in early November and then went into a free fall. After declining 45%, prices bottomed $26.21 on February 11th, 2016. The media ran numerous stories quoting pundits predicting prices falling into the mid teens. S[...]

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What Are The Experts Saying? Putting Professional Investors’ Comments Into Context

by Wendy W. Stojadinovic, CFA Director of Fixed Income Strategy Knowing what’s driving the market and understanding what to do about it are two very different things. There are plenty of headlines telling us the recent market correction was driven by slower global growth, particularly in C[...]

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