Newsletter May 2024

Overview   This past month, a surprisingly robust US economy coupled to stronger than expected inflation data combined to spook markets. In April, the S&P’s 500 declined 4.08% while the Nasdaq Composite lost 4.38%. The Russell 2000 (Small Cap Stocks) suffered...

Newsletter April 2024

Overview   March was another good month for equities worldwide and US equities, in particular. In March, the S&P’s 500 rose 3.22% while the Nasdaq Composite was up 1.85%. The Russell 2000 (Small Cap Stocks) increased 3.58%. In international markets, the EPAC...

Newsletter March 2024

Overview   US equities and, to a lesser extent, international equity markets delivered another spectacular performance this past month. In February, the S&P’s 500 rose 5.34% while the Nasdaq Composite was up 6.22%. The Russell 2000 (Small Cap Stocks)...

Newsletter February 2024

Overview   In January, the continued strength of the US economy contributed to a mixed US equity market performance and to a mild deterioration in the bond market. Meanwhile, the sharp upward move of the USD, caused by rising bond yields, led to a generally...

Newsletter January 2024

Overview   Equities and bonds continued to rally in December, gaining  further momentum after the FED’s “pivot” of early November. The S&P’s 500 rose 4.54%. The Nasdaq Composite was up 5.58% and the Russell 2000 (Small Cap Stocks.) blasted 12.22% up. In...