Economic and Market Commentary

Investors got a big lump of coal in their stockings this Christmas. For equity investors, the decline in prices that started the first week of October reached a crescendo on December 24th, when the Dow Jones Industrial Average suffered the worst Christmas Eve decline in its history, with the Average declining more than 1300 points (5.8%) […]

Market Volatility Spiked In December

The stock market had the worst December in 2018 since the Great Depression. Even so, the U.S. economy is showing its resiliency with unemployment at its lowest level in 49 years, wage growth reaching levels not seen since 2009, and consumer spending and industrial production remaining strong. Read our recap of the month of December’s […]