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So far newvision has created 11 entries.

Q3 2017 Quarterly Commentary – October 1, 2017: Prospects for Tax Legislation Reinforce Market Advances

With September’s higher close, we have experienced eleven consecutive months of rising stock markets (an all-time record), fueled by optimism over the prospects for economic expansion, corporate earnings growth and tax reform. During the most recent quarter ended September 30, 2017, the S&P 500 returned 4.5% including dividends, while the Dow Jones Industrials and […]

Q2 2017 Quarterly Commentary – July 1, 2017: Amid Favorable Economic and Market News, a Scarcity of Investment Bargains

The broader US equity market, as measured by the S&P 500 total return index, finished its seventh consecutive positive quarter on June 30th, logging an increase of 3.09% including dividends. The Dow Jones Industrials rose by 3.95% during the period, and the tech-heavy NASDAQ Composite finished higher by 4.21%. Fixed income markets also posted […]

Q1 2017 Quarterly Commentary – April 1, 2017: Sentiment (and the Market) is Rising

The U.S. stock market continued its upward march with all three major indexes hitting all-time highs during the quarter. At the end of the first quarter, the S&P 500, including dividends, had increased 6.07%, the Dow Jones Industrials increased by 5.19% and the technology-heavy NASDAQ Composite generated the strongest return, increasing by 10.13%. Bond […]

Q4 2016 Quarterly Commentary – January 1, 2017: A Perspective on the Election Surprise

Stock markets rallied in the fourth quarter of 2016 with the S&P 500, including dividends, rising by 3.82%, the Dow Jones Industrials rising by 8.66% and the technology-heavy NASDAQ Composite rising by 1.69%. Full year total returns for the three major US benchmarks were as follows: S&P 500 11.95%; DJIA 16.50%; NASDAQ Comp 8.97%. […]

November 23, 2016 – Happy Thanksgiving

It is during this time of year that we start to reflect even more on what we value and care most about, and for us at Golub Group, it is the relationships we’ve formed with you throughout the years.  We are grateful for the opportunity to work with you and your families and we […]

Election 2016

It appears that the media and the market got it wrong again when it came to the outcome of a critical election. As of this evening, with the outcome of the U.S. presidential election still not finalized, but looking likely that Donald Trump will be the victor, the markets are selling off dramatically.
Incredibly, we […]

Q3 2016 Quarterly Commentary – October 1, 2016: Keep Eyes on Earnings, Not Elections

The third quarter was fairly good one for equity investors, as the S&P 500 produced a total return of 3.85% including dividends, the Dow Jones Industrials on the same basis returned 2.78%, and the tech-heavy Nasdaq Composite soared by 10.02%. Bond yields rose, with the 10-year US Treasury closing the quarter at 1.60% versus […]

Q2 2016 Quarterly Commentary – July 1, 2016: Brexit Volatility and Election Concerns Mask Fundamental Economic Strength

Despite the sharp sell-off in the markets following Great Britain’s referendum vote to leave the European Union, the S&P 500 closed the first half of the year up a positive 3.84% (including dividends). The Euro Stoxx 50 Index, which is Europe’s leading Blue-chip index for the Eurozone and covers 50 stocks from 12 Eurozone […]

Q1 2016 Quarterly Commentary – April 1, 2016: Keeping it Simple for Better Long-Term Results

It may come as a surprise to learn that the stock market in the first quarter of 2016 ended in the black, because there was little about the first quarter that felt good. In fact, the S&P 500 closed up by +1.4%, including dividends. Bonds did even better, with the Barclay’s Aggregate Bond Index […]

Q4 2015 Quarterly Commentary – January 1, 2016: Flat 2015 and Downbeat Sentiment Set the Stage for a Productive 2016

Wall Street market strategists entered 2015 predicting rising stock markets. On average, 19 strategists polled by Bloomberg at the outset of 2015 forecasted a return of 8.5% for the S&P 500. What we got instead in 2015 was a rise of only 1.4% in the S&P 500 including dividends. Only 44% of stocks in […]