Market Review & Market Observations Impacts on Performance Portfolio Changes Opportunities & Looking Forward

Market Review & Macro Observations Impacts on Portfolio Performance Portfolio Changes Opportunities & Looking Forward

MARKET REVIEW & MACRO OBSERVATIONS In 3Q24, the Russell 3000 returned 6.23% and the Russell 2000 Growth returned 8.41%, with positive contributions from most sectors. For the year-to-date ended September 30, the Russell 3000 and Russell 2000 Growth returned 20.63% and 13.22%, respectively. The Russell 3000 provides exposure to the largest 3,000 U.S.-listed companies. Effective […]

MARKET REVIEW & MACRO OBSERVATIONS In 2Q24, the Russell 2000 Growth declined -2.92% and the Russell 3000 increased 3.22%. The Russell 3000 provides exposure to the largest 3,000 U.S.-listed companies. Effective June 30, mutual funds are required by the SEC to issue Tailored Shareholder Reports (TSR). As part of the TSR, funds must compare themselves […]

MARKET REVIEW & MACRO OBSERVATIONS In 1Q24, the Russell 2000 Growth returned 7.58%, the Russell 2000 returned 5.18% and the S&P 500 returned 10.56%. Inflation in January and February was over 3.0%, above the Federal Reserve’s 2.0% target.1 Expectations for GDP growth increased slightly in 1Q24. At the beginning of the year, the Atlanta Fed’s […]

MARKET REVIEW & MACRO OBSERVATIONS In 4Q23, the Russell 2000 Growth returned 12.75% and the Russell 2000 returned 14.03%. In September, the Federal Reserve indicated the possibility of one more rate increase in 20231, and the markets were weak in October. Markets rallied after the November Fed meeting when rates remained at 5.25% – 5.50%. […]

MARKET REVIEW In 3Q23, the Russell 2000 Growth and Russell 2000 Indices were down 7.32% and 5.13%, respectively, and the S&P 500 lost 3.27%. In July, the Federal Reserve raised interest rates 25 bps to 5.25% – 5.50% and then paused in September. The Fed indicates that there could be one more rate increase in […]

MARKET REVIEW In 2Q23, the Russell 2000 Growth returned 7.05%, the Russell 2000 returned 5.21%, and the S&P 500 returned 8.74%. On May 3, the Federal Reserve raised interest rates by 25 bps to 5.00% – 5.25% and then paused in June. Fed consensus calls for two more rate hikes in 2023.1   MACRO OBSERVATIONS […]

MARKET REVIEW In 1Q23, the Russell 2000 Growth returned 6.07% and the S&P 500 returned 7.50%. Despite the worry, the markets have been positive over the last nine months. As anticipated, the Federal Reserve raised interest rates by 25 bps to 4.50% – 4.75% on February 1. General consensus of the Fed predicts another 25 […]

MARKET REVIEW Despite the market’s terrible angst and performance in 2022, the major indices were all higher in the second half of 2022. In Q4, the Russell 2000 Growth returned 4.13% and the S&P 500 returned 7.56%. As anticipated, the Federal Reserve raised interest rates by 75 bps to 3.75 – 4.00% on November 2nd […]