Market Commentary

- 2015 2nd Quarter


Download Spanish Version



Global Markets: Good/Neutral

Developed markets are up 5.9% year to date. The big story has been the potential effect of Greece on the Eurozone, which adds some risk to the short term. The strong dollar continues, however, to create a counterbalance causing a trade surplus for Europe and beyond.

U.S. Economy: Good

U.S. Economic data continue to be strong. Job creation continues to grow, as well as housing starts. The U.S. consumer exercised spending above projected rates while still maintaining an above- average savings rate, and corporate earnings were solid. Forward- looking estimates indicate that this is a trend that will continue through 2016.

Inflation: Good

Inflation continues to be well below historical averages at 1.7%.

Interest Rates: Neutral

Although Yellen’s very cautious stance still seems to be in play, the timeline for future rate increases is shortening.

U.S. Stock Market: Good

Valuations based on projected earnings are presently slightly overdone vs. historical norms, but slightly undervalued if analyzed on a yield basis. In that light, combined with general economic strength, markets should continue to provide performance, especially in sectors such as financials, technology and healthcare.

U.S. Bonds: Cautious

Volatility continues, which favors short duration and high quality to protect portfolio value. The 10 year ended the quarter at 2.35%, with yields rising significantly across the fixed income spectrum. As the markets move closer and closer to interest rate increases, active management of duration, quality, security type and yield will help to temper the effects of rising rates. 


Questions? Fill out the form below:

Fill out my online form.

Latest Updates & Information

2nd Qtr 2017 Market Insights

U.S. Economy – Good The key factors we track, unemployment, housing, and inflation, are still healthy.  There has been little change to inflation, which stays solidly below 2%, but remains in a safe zone. 

Read full story here

Second Q Market Insights

Check out the Second Quarter Market Insights led by Beth Spurry.

Watch video here

1st Quarter 2017 Market Commentary

U.S. Economy – Good The key factors we track, unemployment, housing, and inflation, are all favorable. Unemployment is now in the 4.7% range, while wage inflation has held its slight upward trend.

Read full story here

4th Q Market Insights

There were two events in the Fourth Quarter that influenced U.S. and foreign financial markets: Donald Trump won the presidential election which led to positive growth on Wall Street & the Federal Reserve’s December interest rate of 0.25% signified the Fed's confidence in the improving U.S. economy.

Read full story here