MARKET REVIEW In 1Q21, the Russell 2000 returned 12.70% and the S&P 500 returned 6.17%.  Bullish sentiment continued through early February until inflation fears increased and the long end of the yield curve began to rapidly rise.  This caused a risk-off period for higher growth stocks and a significant rotation out of growth into value […]

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%.  During 4Q20, low-quality and value factors outperformed, while high-quality, momentum and low-volatility underperformed.[1] [2]  Top-performing industries were energy, materials, financials and consumer discretionary as COVID-19 vaccines […]

Market Review U.S. equities rallied for the second quarter in a row; S&P 500 returned 8.93% in 3Q20; Russell 2000 returned 4.93%. YTD at September 30, the S&P 500 returned 5.57%; Russell 2000 returned -8.69%. 3Q20 experienced significant improvement in economic activity and a recovery in the U.S. labor market.  Companies were able to navigate […]

MARKET REVIEW U.S. markets moved sharply (although not broadly) higher from March lows in response to dramatic fiscal and monetary action. Social distancing drove very rapid business model change, rewarding companies that support virtual work, and harming service and high contact businesses. COVID-19 put enormous physical and economic strain on healthcare systems and providers, while […]

May 14, 2020 – The Money Life with Chuck Jaffe podcast today features Chris Retzler and Needham Small Cap Growth in the “Market Call” and “Hold ‘Em or Fold ‘Em” segments. Please click for 16-minute audio including Chris. The full one-hour program is widely available on podcasting sites, or directly from Money Life at: http://moneylifeshow.libsyn.com/stay-home-technology-stocks-will-weather-markets-next-move-well […]