Newsletter Archive

• March 2023 Market Recap
  

  March 2023 Market Recap.  If you have any questions, or wish to speak with an Advisor, please do not hesitate to contact us. Click images to enlarge. Open image for disclosures and list of indices representing each asset class. Past performance does not indicate future performance and there is a possibility of a loss. This […]

• February 2023 Market Recap
  

  February 2023 Market Recap.  If you have any questions, or wish to speak with an Advisor, please do not hesitate to contact us. Click images to enlarge. Open image for disclosures and list of indices representing each asset class. Past performance does not indicate future performance and there is a possibility of a loss. This […]

• January 2023 Market Recap
  

  January 2023 Market Recap.  If you have any questions, or wish to speak with an Advisor, please do not hesitate to contact us. Click images to enlarge. Open image for disclosures and list of indices representing each asset class. Past performance does not indicate future performance and there is a possibility of a loss. This […]

• December 2022 Market Recap
  

  December 2022 Market Recap.  If you have any questions, or wish to speak with an Advisor, please do not hesitate to contact us. Click images to enlarge. Open image for disclosures and list of indices representing each asset class. Past performance does not indicate future performance and there is a possibility of a loss. This […]

• November 2022 Market Recap
  

  November 2022 Market Recap.  If you have any questions, or wish to speak with an Advisor, please do not hesitate to contact us. Click images to enlarge. Open image for disclosures and list of indices representing each asset class. Past performance does not indicate future performance and there is a possibility of a loss. This […]

• October 2022 Market Recap
  

  October 2022 Market Recap.  If you have any questions, or wish to speak with an Advisor, please do not hesitate to contact us. Click images to enlarge. Open image for disclosures and list of indices representing each asset class. Past performance does not indicate future performance and there is a possibility of a loss. This […]

• September 2022 Market Recap
  

  September 2022 Market Recap.  If you have any questions, or wish to speak with an Advisor, please do not hesitate to contact us. Click images to enlarge. Open image for disclosures and list of indices representing each asset class. Past performance does not indicate future performance and there is a possibility of a loss. This […]

• Markets continue their volatility
  

  In June 2022 it appeared as though the markets may have hit a low for the year.  Markets then provided a short-term rally but inflation data, which was not as good as the markets wanted, was released. The markets then sold off through the end of September creating new lows for the year.   The […]

• August 2022 Market Recap
  

  August 2022 Market Recap.  If you have any questions, or wish to speak with an Advisor, please do not hesitate to contact us. Click images to enlarge. Open image for disclosures and list of indices representing each asset class. Past performance does not indicate future performance and there is a possibility of a loss. This […]

• July 2022 Market Recap
  

  July 2022 Market Recap.  If you have any questions, or wish to speak with an Advisor, please do not hesitate to contact us. Click images to enlarge. Open image for disclosures and list of indices representing each asset class. Past performance does not indicate future performance and there is a possibility of a loss. This […]

• Market Review
  

  Making hay while the sun shines: earnings in focusMarkets eye earnings report for forward guidance in a challenging environment Key Observations July provided solid respite after a difficult first half of 2022, with investors buying the dip. Investors looked to corporate earnings and guidance to set expectations for the second half of 2022 and beyond, […]

• 2022 Mid-Year Capital Markets and Economic Review
  

  2022 Mid-Year Capital Markets and Economic Review

• June 2022 Market Recap
  

  June 2022 Market Recap.  If you have any questions, or wish to speak with an Advisor, please do not hesitate to contact us. Click images to enlarge. Open image for disclosures and list of indices representing each asset class. Past performance does not indicate future performance and there is a possibility of a loss. This […]

• May 2022 Market Recap
  

  May 2022 Market Recap.  If you have any questions, or wish to speak with an Advisor, please do not hesitate to contact us. Click images to enlarge. Open image for disclosures and list of indices representing each asset class. Past performance does not indicate future performance and there is a possibility of a loss. This […]

• April 2022 Market Recap
  

  April 2022 Market Recap.  If you have any questions, or wish to speak with an Advisor, please do not hesitate to contact us. Click images to enlarge. Open image for disclosures and list of indices representing each asset class. Past performance does not indicate future performance and there is a possibility of a loss. This […]

• Current Economic & Market Perspectives
  

  Click to open Current Economic & Market Perspectives

• Keeping Perspective
  

  Keeping PerspectiveMay 2022 Leading into 2022 volatility was expected to be on the rise. Add in war, spiking inflation, and increasing interest rates, and you have the perfect environment for a market correction. Historically bonds have helped mitigate the sell-off in equities, but due to the rising interest rates (which is needed) 2022 has seen […]

• March 2022 Market Recap
  

  March 2022 Market Recap.  If you have any questions, or wish to speak with an Advisor, please do not hesitate to contact us. Click images to enlarge. Open image for disclosures and list of indices representing each asset class. Past performance does not indicate future performance and there is a possibility of a loss. This […]

• February 2022 Market Recap
  

  View Post February 2022 Market Recap.  If you have any questions, or wish to speak with an Advisor, please do not hesitate to contact us. Click images to enlarge. Open image for disclosures and list of indices representing each asset class. Past performance does not indicate future performance and there is a possibility of a […]

• Russian Invasion of Ukraine
  

  Current Update, Implications & Outlook – February 2022 Key Observations Russia launched a series of coordinated attacks on Ukraine causing increased volatility in global markets and raising investor concern. Risk assets retreated on the unfortunate news as risk-off havens and global commodity markets rallied. While Russia is a strategic geological player, their presence in capital […]

• January 2022 Market Recap
  

  January 2022 Market Recap.  If you have any questions, or wish to speak with an Advisor, please do not hesitate to contact us. Click images to enlarge. Open image for disclosures and list of indices representing each asset class. Past performance does not indicate future performance and there is a possibility of a loss. This […]

• Inflation, the Fed, Correction; Oh My!
  

  Market Recap 2022 started with a thud and plenty of market moving headlines. Omicron, inflation and the Federal Reserve, among other topics, weighed on the minds of investors. Most major indexes sold off with some crossing into a technical correction. Additionally, fixed income markets pulled back over the period as investors weighed new information from […]

• December 2021 Market Recap
  

  December 2021 Market Recap.  If you have any questions, or wish to speak with an Advisor, please do not hesitate to contact us. Click images to enlarge. Open image for disclosures and list of indices representing each asset class. Past performance does not indicate future performance and there is a possibility of a loss. This […]

• 2022 Themes
  

  In our view, navigating moderation takes preparation, a mental shift and thoughtful risk management. Diverging monetary policies globally, shifting winds in inflation and meeting market expectations around earnings require consideration. With these potential headwinds in mind, we continue to warn against market timing or making narrow “bets.” In today’s environment, where uncertainty is higher, dispersion […]

• Nine Moves to Consider Before Year-End
  

  Year-end planning could prove more challenging in 2021, given continued uncertainty over tax reform. The social safety net and climate bill known as the “Build Back Better Act” (BBBA) has been tied up in negotiations for months, given competing priorities on when to pass the infrastructure bill versus the spending bill. While the infrastructure bill […]

• November 2021 Market Recap
  

  November 2021 Market Recap.  If you have any questions, or wish to speak with an Advisor, please do not hesitate to contact us. Click images to enlarge. Open image for disclosures and list of indices representing each asset class. Past performance does not indicate future performance and there is a possibility of a loss. This […]

• Markets Pause as a New COVID Variant Emerges and the Fed Strikes a Hawkish Tone
  

  Key Observations Global equity markets took a step back in November, with investors favoring safe-haven assets. Emergence of the new Omicron COVID variant and more hawkish comments by the Federal Reserve led to market volatility late in the month. U.S. political gridlock eased with passage of the $1 trillion infrastructure bill and with the House […]

• October 2021 Market Recap
  

  October 2021 Market Recap.  If you have any questions, or wish to speak with an Advisor, please do not hesitate to contact us. Click images to enlarge. Open image for disclosures and list of indices representing each asset class. Past performance does not indicate future performance and there is a possibility of a loss. This […]

• Reading and Writing and… Finances? The Case for Children Learning About Fiscal Responsibility
  

  MPS LORIA’s work with families teaches us time and time again that one of the biggest risks to the continuation of wealth is not poor investment performance but the lack of preparedness in the inheriting generation. In this sense, the financial education and literacy of children is vital to an enduring legacy of wealth. According […]

• September 2021 Market Recap
  

  September 2021 Market Recap.  If you have any questions, or wish to speak with an Advisor, please do not hesitate to contact us. Click images to enlarge. Open image for disclosures and list of indices representing each asset class. Past performance does not indicate future performance and there is a possibility of a loss. This […]

• August 2021 Market Recap
  

  August 2021 Market Recap.  If you have any questions, or wish to speak with an Advisor, please do not hesitate to contact us. Click images to enlarge. Open image for disclosures and list of indices representing each asset class. Past performance does not indicate future performance and there is a possibility of a loss. This […]

• Seeking Clarity on Tax Reform The Wait Continues…
  

  This past April, the Biden administration announced the $1.8 trillion American Families Plan, which would expand access to education, affordable childcare and various tax credits. The plan (as proposed) would largely be funded by additional taxes on high earners. Since that time, taxpayers have been left wondering whether tax reform could become a reality, and […]

• ‘Normalcy’ Moves Markets Higher, but Concerns Rise
  

  Key Observations Many broad market indexes posted positive returns for the month of July with some U.S. indexes hitting all-time highs. However, recent trends favoring the ‘vaccine trade’ areas of the market have reversed for the month with energy taking a step back, large cap catching up and growth outperforming its value counterpart. These shifts […]

• July 2021 Market Recap
  

  July 2021 Market Recap.  If you have any questions, or wish to speak with an Advisor, please do not hesitate to contact us. Click images to enlarge. Open image for disclosures and list of indices representing each asset class. Past performance does not indicate future performance and there is a possibility of a loss. This […]

• 2021 Mid-Year Outlook
  

  Economic recovery, updated vaccine and portfolio considerations Key Observations Financial market returns year-to-date coincide closely with the premise of an expanding global economic recovery. Economic momentum and a robust earnings backdrop have fostered uniformly positive global equity returns while this same strength has been the impetus for elevated interest rates, hampering fixed income returns. Our […]

• June 2021 Market Recap
  

  June 2021 Market Recap.  If you have any questions, or wish to speak with an Advisor, please do not hesitate to contact us. Click images to enlarge. Open image for disclosures and list of indices representing each asset class. Past performance does not indicate future performance and there is a possibility of a loss. This […]

• May 2021 Market Recap
  

  May 2021 Market Recap.  If you have any questions, or wish to speak with an Advisor, please do not hesitate to contact us. Click images to enlarge. Open image for disclosures and list of indices representing each asset class. Past performance does not indicate future performance and there is a possibility of a loss. This […]

• Biden Administration Tax Proposals
  

  What was announced, what was excluded, and what to keep in mind On April 28, the White House released the “American Families Plan” which outlines the administration’s goals for investing in children, families and U.S. workers. The proposal would include $1 trillion of spending and $800 billion of tax cuts over a 10-year period. The […]

• April 2021 Market Recap
  

  April 2021 Market Recap.  If you have any questions, or wish to speak with an Advisor, please do not hesitate to contact us. Click images to enlarge. Open image for list of indices representing each asset class. Past performance does not indicate future performance and there is a possibility of a loss.This report is intended […]

• Economic Activity Accelerates Heading into Spring
  

  Key Observations March was another strong month for risk assets, particularly in the U.S. as vaccine manufacturing and distribution ramped up. Loosening COVID restrictions coupled with the new $1.9 trillion stimulus bill supported increased business activity and rising inflation expectations. We remain constructive on risk markets but acknowledge that equity valuations are elevated, interest rates […]

• Treasury Volatility Returns as Stocks Advance
  

  Treasury yields surge while equity prices climb higher amid consumer strength. Key Observations The Treasury curve steepened during the month with a sharp rise in the 10-year and 30-year yields, pushing both to pre-pandemic levels. Equities rallied, notably small cap and value stocks, amid more vaccine progress and the anticipation of more stimulus. Strong February […]

• February 2021 Market Recap
  

  February 2021 Market Recap.  If you have any questions, or wish to speak with an Advisor, please do not hesitate to contact us. Click images to enlarge.

• January 2021 Market Recap
  

  January 2021 Market Recap.  If you have any questions, or wish to speak with an Advisor, please do not hesitate to contact us. Click images to enlarge.

• December 2020 Market Recap
  

  December 2020 Market Recap.  If you have any questions, or wish to speak with an Advisor, please do not hesitate to contact us. Click images to enlarge.

• November 2020 Market Recap
  

  November 2020 Market Recap.  If you have any questions, or wish to speak with an Advisor, please do not hesitate to contact us. Click images to enlarge.

• Markets Rally on Early Election Results – November 2020
  

  Global pandemic, unprecedented government stimulus, record low GDP report, booming technology stocks and a red-hot IPO market – 2020 has been quite the year – and it is not over! A closely contested U.S. presidential election with record turnout appears to be the final drama that will play out as we head into the holiday […]

• October 2020 Market Recap
  

  October 2020 Market Recap.  If you have any questions, or wish to speak with an Advisor, please do not hesitate to contact us. Click images to enlarge

• What the Election Means for My Portfolio
  

  Investors must understand – and anticipate – the correlation between the outcomes of the election and the markets, if any. Red, Blue or Purple – Does It Matter Who Wins? It is true that politics can be deeply personal, especially because the issues addressed by both parties extend well beyond capital markets. Additionally, elected officials […]

• September 2020 Market Recap
  

  September 2020 Market Recap.  If you have any questions, or wish to speak with an Advisor, please do not hesitate to contact us. Click images to enlarge

• August 2020 Market Recap
  
• Fed Stays Put
  

  The Federal Reserve (Fed) left its policy rate unchanged at the July meeting and announced it expects to continue buying U.S. Treasury and agency securities at the current pace for the foreseeable future. Treasury yields were little changed following the widely anticipated statement, but risk assets staged a rally into the close on the heels […]

• July 2020 Market Recap
  

  July 2020 Market Recap.  If you have any questions, or wish to speak with an Advisor, please do not hesitate to contact us. Click images to enlarge

• June Market Recap
  
• Looking at the Past for Future Perspective
  

  Looking at the Past for Future Perspective | Bear Markets and Recoveries | June 2020 While the bear market earlier this year may have had little historical precedent given the nature of the COVID-19 pandemic, investors may find it helpful to review recent market developments against past bear markets and subsequent recoveries to gain insights […]

• WHAT HAPPENS IN MARCH STAYS IN MARCH
  

  What Happens in March Stays in March Markets rebound in April as investors move past initial panic reaction to COVID-19 Key Observations Investors benefitted from a substantial market rebound in April after an incredibly weak March, but year-to-date returns broadly remain negative with the exception of fixed income. Oil lagged the risk-on rally amid a […]

• ANTICIPATED ALLOCATION ADJUSTMENTS
  

  March proved to be one of the most volatile months in the history of the stock market. We’re officially in bear market territory and it happened very quickly.  As the unfolding human and financial damage from COVID-19 hits the population and market participants, memories of the 2008 financial crisis and the immediate aftermath of the 9/11 […]

• STIMULUS (HOPEFULLY) TO THE RESCUE
  

  STIMULUS (HOPEFULLY) TO THE RESCUE Congress Passes the Coronavirus Aid, Relief and Economic Security Act (“CARES Act”) March 2020 In response to the growing coronavirus pandemic and its resulting impact on the U.S. economy, Congress passed the Coronavirus Aid, Relief and Economic Security Act (“CARES Act”) on Friday, March 27. This phase three stimulus package, […]

• How Markets Behaved in Past Significant Virus Outbreaks
  

  Learning from how past viruses impacted investing is critical to figuring out how to respond to this situation.  Bottom line, market sell offs were short term and followed by a stock market recovery.  Maintaining discipline over years and not months will allow your strategies to work and get through this current market sell off.   […]

• Fed Goes to Zero, Reboots Quantitative Easing
  

  In what shaped up to be a busy and sobering weekend for investors and concerned citizens alike, the Federal Reserve (The Fed) released a statement 3:00 p.m. (CDT) Sunday outlining three critical steps the Fed will take to support global financial conditions. Effective March 16: The Fed will lower its target rate range from 1.00–1.25 […]

• Speculation or Panic is Not a Strategy
  

  We wanted to reach out to you due to the recent market sell-off.  After a very strong 2019 the stock markets were due for a pull back.  The question is what would be the catalyst for this sell-off?  It has come in the form of a virus (COVID-19) and most recently an oil war between […]

• Coronavirus Fears Drive Markets Lower
  

  Assessing the Recent Market Selloff February 2020 On Monday, February 24, global equity markets sank more than three percent on renewed coronavirus (COVID-19) fears, following reports of a surge in cases in Italy, South Korea and Iran. The S&P 500 Index, which had hit a record high the week before, slumped 3.4 percent, marking its […]

• January 2020 Market Commentary