Bridging the Gap

Bridging the Gap

Market Summary Normal service was resumed, as equity markets rebounded after posting mixed results in the previous week. The S&P 500 ended the week up 2.3% as extraordinarily high volumes, from retail traders in particular, piled into unloved value stocks that...
The Balance of Uncertainty and Optimism

The Balance of Uncertainty and Optimism

Market Summary The blend of vaccine optimism and a worsening pandemic continue to dictate markets this week. The emergence of new vaccines spurred markets while the more immediate reality of the pandemic was brought into focus as the number of U.S. fatalities...
Vaccine Optimism Brings Record Highs

Vaccine Optimism Brings Record Highs

Market Summary Investors appeared to waver between optimism and caution over the week. The S&P 500 posted a record high close on Friday, driven by gains made early in the week, finishing the week up 2.2%. The tech-heavy Nasdaq Composite lagged, sliding 0.6% as...
“Goldilocks” Election Drives Market Rally

“Goldilocks” Election Drives Market Rally

Market Summary Stocks posted their largest weekly rally since April despite the mid-week uncertainty following Tuesday U.S. presidential election. As a clear path to victory emerged for former vice president Biden, the likelihood of a democratic sweep faded with the...