MARKET REVIEW In 1Q21, the S&P 500 returned 6.17% and the Russell 2000 returned 12.70%. There was a significant rotation out of growth into value late in the quarter – the Russell 2000 Value Index returned 21.17% in Q1 while the Russell 2000 Growth Index finished up +4.88%. Source: Zephyr Informais MACRO OBSERVATIONS We believe […]
In the “Market Call” segment Friday on the Money Life with Chuck Jaffe podcast, John Barr discussed investment process and representative holdings of Needham Aggressive Growth (“John Barr of the Needham Growth and Needham Aggressive Growth funds talks stocks in the Market Call”). Please click for 16-minute audio of John’s interview. The full one-hour program […]
MARKET OVERVIEW In 4Q20, the S&P 500 returned 12.15%; Russell 2000 returned 31.37%. For the year ending December 31, 2020, the S&P 500 returned 18.40%; Russell 2000 returned 19.96%. Recent commentary indicates accommodative monetary and fiscal policy, which have long provided a tailwind for equities, will continue. In late August, the Federal Reserve adopted a […]
MARKET OVERVIEW In 4Q20, the S&P 500 returned 12.15%; Russell 2000 returned 31.37%. For the year ending December 31, 2020, the S&P 500 returned 18.40%; Russell 2000 returned 19.96%. Recent commentary indicates accommodative monetary and fiscal policy, which have long provided a tailwind for equities, will continue. In late August, the Federal Reserve adopted a […]
MARKET REVIEW U.S. equities rallied for the second quarter in a row; S&P 500 returned 8.93%; Russell 2000 returned 4.93%. YTD at September 30, the S&P 500 returned 5.57%; Russell 2000 returned -8.69%. 3Q20 U.S. GDP estimates called for 32% quarter-on-quarter growth, well ahead of the initial 12% estimate on July 311. In late August, […]
MARKET REVIEW U.S. equities rallied for the second quarter in a row; S&P 500 returned 8.93%; Russell 2000 returned 4.93%. YTD at September 30, the S&P 500 returned 5.57%; Russell 2000 returned -8.69%. 3Q20 U.S. GDP estimates called for 32% quarter-on-quarter growth, well ahead of the initial 12% estimate on July 311. In late August, […]
MARKET REVIEW In 2Q20, U.S. equities rallied from their worst quarter since 2008; S&P 500 returned 20.54%; Russell 2000 returned 25.42%. YTD at June 30, the S&P 500 returned -3.08%; Russell 2000 returned -12.98%. The March 23 market bottom was coincident with the Fed’s announcement of unlimited quantitative easing and the House’s passage of The […]
MARKET REVIEW In 2Q20, U.S. equities rallied from their worst quarter since 2008; S&P 500 returned 20.54%; Russell 2000 returned 25.42%. YTD at June 30, the S&P 500 returned -3.08%; Russell 2000 returned -12.98%. The March 23 market bottom was coincident with the Fed’s announcement of unlimited quantitative easing and the House’s passage of The […]