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 […]

Q3 2015 Quarterly Commentary – October 1, 2015: Making Sense of China Volatility

The third quarter was a challenging one for equity investors. The stock market, as measured by the S&P 500 (including dividends), fell 6.4%. Both the Dow Jones Industrials and NASDAQ Comp Index dropped 7.0%. The pain was shared with investors around the globe, as many key markets outside the US fell even more. In […]