July 6, 2021
The reopening pace accelerated during the second quarter. Rising vaccination rates allowed more states to ease restrictions. Indoor dining capacity restrictions were lifted, and stadiums filled up as fans returned to the stands. Subway ridership rose, and the skies grew more crowded as people booked vacations.
April 12, 2021
One-year after the pandemic first struck, the U.S. is making positive progress in battling the virus. Vaccination efforts are in full swing, with the U.S. administering nearly 2.5 million vaccine doses per day in the second half of March. Daily new confirmed cases are down from their early 2021 spike. The data is encouraging and signals the pandemic’s loosening grip.
February 17, 2021
The Robin Hood of Sherwood Forest who most of us grew up reading about in Aesop’s Fables, was infamous for robbing the rich to provide for the poor and oppressed. Robinhood is also the name of a financial institution and trading platform founded in 2013 whose goal, according to its […]
January 6, 2021
The most tumultuous year in recent memory ended on a high note for markets as the fourth quarter brought political and medical clarity, and that resulted in substantial market gains over the past three months which helped to make 2020 a surprisingly strong year for market returns. The fourth quarter […]
October 2, 2020
We hope that this letter finds you safe and healthy during these still-unprecedented times. 2020 continued to be one of the most unpredictable years in memory, as markets rose to new all-time highs in the third quarter despite a resurgence in coronavirus cases, as stocks rallied thanks to a combination […]
July 2, 2020
Markets staged a historic rebound in the second quarter driven by an initial peak in the growth of coronavirus infections in April, economic reopenings across the United States and the rest of the world, hopes for a COVID-19 vaccine, and continued stimulus from global central banks, including the Federal Reserve. […]
May 15, 2020
Perspective And Strategies To Consider In Today’s Environment If we look back at past depressions in U.S. history, there are some important facts to remember as we begin to ponder the possibility of another one on the horizon. The depression of 1920-21 was largely caused by troops returning from war […]
April 13, 2020
On April 9th, Jerome Powell and the Federal Reserve announced $2.3 trillion in new programs to support the US economy. These programs add to existing measures that were announced by the Fed in March and those created by Congress under the CARES Act. Most notably, the Fed announced they would… […]
April 6, 2020
First and foremost, we hope this letter finds you, your family and loved ones healthy and safe. In keeping with our quarterly tradition, below is our review of the first quarter of 2020 as well as our thoughts as we enter the 2nd quarter.
March 18, 2020
When markets get choppy, it pays to have an investing plan and to stick to it. 1. Keep perspective: Downturns are normal and typically short • Market downturns may be unsettling, but history shows stocks have recovered and delivered long-term gains. • Over the past 35 years, the stock market […]
March 10, 2020
March 2, 2020
Approximately two weeks ago we shared our commentary, “Stay Over Your Skis.” Only four days later, the U.S. market hit its most recent peak followed by a tumultuous sell-off. The Coronavirus went global and fear spread at an alarming rate.
February 14, 2020
Outside my office window it still looks like the bleak mid-winter, despite Punxsutawney Phil’s prediction of an early spring. During many of the mid-winter months when I was in my 20’s and early 30’s I spent a significant amount of time on ski slopes in the Rocky Mountains. These memories […]
January 7, 2020
Markets welcomed the positive resolution of several key macroeconomic unknowns in the fourth quarter, and that improved clarity sent the broader stock market higher over the past three months. The solid fourth quarter gains helped the S&P 500 index achieve its best annual return since 2013. At the start of […]
October 7, 2019
Markets in the third quarter of 2019 looked surprisingly similar to the second quarter as more U.S.-China trade war uncertainty and a lack of clarity on future interest rate policy caused a sharp increase in volatility in the middle of the quarter, but the S&P 500 remained resilient and ultimately […]
July 8, 2019
Volatility returned in the second quarter as uncertainty regarding U.S.-China trade relations, future Federal Reserve interest rate policy, and the state of the U.S. and global economies caused a more-than-6% pullback in the S&P 500 during May, before stocks broadly recovered in June and finished the quarter near fresh all-time […]
April 5, 2019
Stocks rebounded strongly in the first quarter thanks to a combination of improving U.S.-China trade relations, the Federal Reserve halting interest rate increases, and a better outlook for corporate earnings. The S&P 500 finished the first quarter of 2019 with the best quarterly return since 2009. Starting with U.S.-China trade […]
January 4, 2019
A decade of consecutive positive annual returns from the S&P 500 ended in 2018. In the final three months of the year the S&P 500 registered its worst quarterly performance in seven years and ended 2018 with a negative annual total return for the first time since 2008. Contrary to […]
October 31, 2018
The month of October has been very challenging for the world equity markets. In speaking with clients, we recognize that most, if not all, are nervous. The S&P 500 is now down over 10% from its high and has entered into “correction territory”. At TrinityPoint, we believe that is exactly […]
October 5, 2018
The third quarter was the best-performing quarter for markets so far this year as the major U.S. stock indices each hit new all-time highs. The broad market gains were driven by strong economic data, solid earnings growth and improved clarity on global trade.