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So far newvision has created 23 entries.

Q4 2018 Quarterly Commentary – January 1, 2019

Quarterly Commentary – January 1, 2019Golub Group celebrated our 15-year anniversary on December 1, 2018! We are grateful to you, our clients, for helping us turn a vision into a reality by offering us your trust. We are grateful to our team, who have seen in Golub Group and our clients something special, worth […]

December 24, 2018 Market Commentary

We know now is a time of year when we all look forward to enjoying quality time with the people we love. It is a time of year we are called on to be joyful, generous and giving. As the year ends with the stock market performing as it has been recently, we understand […]

December 20, 2018 Market Commentary

It’s always a challenge to explain with any great satisfaction what’s going on “right now” in the stock and bond markets, and today is no different.
In a nutshell, the market is reacting to a Federal Reserve decision to raise interest rates yesterday and to continue the process of reducing the Fed’s balance sheet by […]

October 11, 2018 Market Commentary

While the futures markets are currently pointing to a modest rise at the opening tomorrow, stocks have suffered a fairly dramatic two-day selloff. This is always unsettling, of course. Rising markets feel better, but anyone who has been around markets for any length of time knows that corrections are nothing new, and are in […]

Q3 2018 Quarterly Commentary – October 1, 2018 Crosswinds: Corporate Profits and Interest Rates

Q3 2018 Quarterly Commentary – October 1, 2018
Investors in U.S. equities enjoyed a strong quarter, with the S&P 500 returning 7.7%, including dividends, for the three months ended September 30, 2018. The year-to-date total return for this index reached 10.6%. Technology, discretionary and health care sectors have generally enjoyed strong returns during the current […]

Q2 2018 Quarterly Commentary – July 1, 2018 Tariff Concerns: More Heat Than Light

Q2 2018 Quarterly Commentary – July 1, 2018
The old Wall Street adage, “The market climbs a wall of worry” seems apropos today, as it so often does. In the second quarter of 2018, the market did indeed climb in the face of economic and policy news that was often confusing and at times concerning. […]

Q1 2018 Quarterly Commentary – April 1, 2018: The Return of (Normal) Market Volatility

In the first quarter of 2018, the stock market—as measured by the S&P 500—declined by -0.8%, its first negative quarterly result since the period ended December, 2015. The Dow Jones Industrials declined by -2.0%; the NASDAQ logged a positive quarter at +2.6%; major foreign stock markets offered no shelter, with declines that exceeded our […]

Q4 2017 Quarterly Commentary – January 1, 2018: Strengthening Economy and Tax Reform Draw Investors into Equity Markets

The fourth quarter capped a strong year in domestic stock markets. The S&P 500 produced a gain of +6.6%; the Dow Jones Industrials logged a return of +11.0%; the tech-heavy NASDAQ generated a gain of +6.6%. Results were driven by strength in the economy, with third-quarter GDP logging growth of +3.2%, corporate earnings growth, […]

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 […]