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Market Update

By Matt Hargreaves / October 19, 2018 / Comments Off on Market Update

Market Update Stocks recently had their largest drop since February with the S&P 500 Index losing more than 5% in two days, although they have since staged something of a recovery. A combination of higher bond yields, a deepening U.S. trade conflict with China and elevated valuations all added up to the abrupt sell-off.  It…

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3rd Quarter 2018 Commentary – The Death of Diversification?

By Matt Hargreaves / October 10, 2018 / Comments Off on 3rd Quarter 2018 Commentary – The Death of Diversification?

Market Summary The third quarter of 2018 was the best quarter for U.S. stocks (as measured by the S&P 500 Index) in nearly five years. Tax cuts continued to push U.S. corporate profits higher with corporate America on track for another quarter of 20% growth in the third quarter[1]. The S&P 500 Index reached an…

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2nd Quarter 2018 Commentary

By Matt Hargreaves / July 20, 2018 / Comments Off on 2nd Quarter 2018 Commentary

Market Summary Record U.S. corporate profits and healthy U.S. economic data helped U.S. stocks to positive returns. Both the technology-focused Nasdaq Composite Index and small cap U.S. stock, as measured by the Russell 2000, reached new all-time highs. Small cap stocks aren’t as exposed to global trade which, along with political uncertainty, a strong U.S.…

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Stock Market Valuations

By Matt Hargreaves / June 21, 2018 / Comments Off on Stock Market Valuations

Stock Market Valuations With the U.S. stock market (as measured by the S&P 500) at its second largest and second longest bull market ever (Source: LPL Financial), valuations have risen to near record levels. Matt Hargreaves, our Chief Investment Officer, has put together a short video to help you understand what we mean when we talk about market…

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1st Quarter 2018 Commentary

By Matt Hargreaves / April 17, 2018 / Comments Off on 1st Quarter 2018 Commentary

  Market Summary After an unusually quiet 2017, market volatility increased in the first quarter. U.S. stocks, as measured by the S&P 500, reached an all-time high in late January before finishing the quarter down approximately 8% from this high. From January 26th through February 8th, the S&P 500 was down more than 10% which…

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4th Quarter 2017 Commentary

By Matt Hargreaves / January 19, 2018 / Comments Off on 4th Quarter 2017 Commentary

Market Summary A strong economy, better earnings and pro-business policies helped push U.S. stocks to record high prices with record low volatility. U.S. stocks, as measured by the S&P 500, reached new all-time highs for the sixth consecutive quarter and were higher for the 9th consecutive year, making it the second longest bull market in…

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3rd Quarter Commentary

By Matt Hargreaves / October 17, 2017 / Comments Off on 3rd Quarter Commentary

  Summary of 3rd quarter 2017 commentary U.S. stocks reached new all-time highs for the fifth quarter in a row Volatility in the U.S. stock market remained near record lows The U.S. bull market is the second longest since World War II and U.S. stock valuations look high We are making significant changes in your…

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LRIA 2nd Quarter Market Commentary

By Matt Hargreaves / July 25, 2017 / Comments Off on LRIA 2nd Quarter Market Commentary

U.S. stocks were positive and hit new all-time highs for the fourth consecutive quarter Non-U.S. stocks were also positive and outperformed U.S. stocks Stock volatility remained near record lows. The S&P 500 hasn’t had a 5% correction in over a year The U.S. economy had positive but slow growth. It is currently the third longest…

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1st Quarter 2017 Commentary

By Matt Hargreaves / April 19, 2017 / Comments Off on 1st Quarter 2017 Commentary

Leonard Rickey Investment Advisors Market Summary The rally from the fourth quarter of last year continued into the start of the first quarter as investors continued to bet on the Trump administration’s policies to cut taxes, reduce regulation and increase infrastructure spending. U.S. stocks, as measured by the S&P 500 Index, were up over 6%…

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4th Quarter 2016 Commentary LRIA

By Matt Hargreaves / January 23, 2017 / Comments Off on 4th Quarter 2016 Commentary LRIA

  ·       President-elect Donald Trump’s election win had a big effect on the financial markets ·       U.S. stocks hit to new all-time highs while other classes like gold, bonds and non-U.S. stocks suffered after Trump’s win ·       The trend in U.S. stocks remained positive. Non-U.S. earnings started to pick up and investors expected increased earnings…

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