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…

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…

  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…

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…

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%…

  ·       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…

The S&P 500 broke above its two year trading range in July Stocks posted positive gains, led by non-U.S. stocks Elections typically don’t have long-term effects on markets however they do bring short-term uncertainty We don’t invest in Presidents. We invest in companies. The fundamentals of those companies matter the most in the long run…

2nd Quarter 2016 Commentary Leonard Rickey Investment Advisors “Brexit” briefly caused stock prices to tumble, but U.S. stocks quickly recovered and posted positive returns for the quarter. There has been a broad trading range for the last and half in the S&P 500. It finished at the top end of the range but did not…

Last week the United Kingdom (UK) voted to leave the European Union (EU), leading to Prime Minister David Cameron’s resignation and swift reactions in the financial markets. As a result of the political uncertainty, stocks, bonds and currencies reacted strongly. Financial markets had priced in the UK staying in the EU, so the vote took investors…