Fourth Quarter 2021: There Is No Alternative Global markets shrugged off supply-chain issues, various Covid-19 variants, and higher inflation in the fourth quarter to finish positive for the year, as the bull market that started in the spring of 2020 rolled on. Large-capitalization U.S. stocks continued their dominance as the S&P 500 ticked off 70 … Continue reading Fourth Quarter 2021 Market Snapshot →

Third Quarter 2021: Dollar Tree Breaks the Buck After a strong start to the first half of the year, investors turned cautious during the summer as supply constraints, inflation, and the Delta variant impacted global markets. Global equities ended the quarter in roughly the same place they began, but the surface-level stillness hid the churn … Continue reading Third Quarter 2021 Market Snapshot →

Second Quarter 2021: Inflation, So Hot Right Now The word of the quarter was “transitory” as investors tried to decipher the root cause behind the highest inflation readings in decades. Despite some dire predictions about the return of stagflation and a 5.0% annualized inflation increase in May, the verdict of the market suggested that inflation … Continue reading Second Quarter 2021 Market Snapshot →

First Quarter 2021: Does the Game Have to Stop? A bland return of 1.4% for a global 60/40 portfolio hid significant churn beneath the surface in the first quarter. Investors turned their attention from work-from-home companies that had soared in 2020 and rotated to shares of companies ready for the re-opening economy. Value-oriented, small-cap, and … Continue reading First Quarter 2021 Market Snapshot →

Sellwood’s February 2021 Market Snapshot is available for download.

Sellwood’s January 2021 Market Snapshot is available for download.

Fourth Quarter 2020: Hindsight is 2020: What Now? An optimistic fourth quarter capped a wild and turbulent year in the capital markets. The stock market, which had rallied since the March lows on the back of unprecedented global fiscal and monetary stimulus, was given another boost in November as news broke on the success of … Continue reading Fourth Quarter 2020 Market Snapshot →

Sellwood’s November 2020 Market Snapshot is available for download.

Sellwood’s October 2020 Market Snapshot is available for download.

Third Quarter 2020: Tech Bubble 2.0? Investors rode a $20-trillion global stimulus tsunami to fresh highs over the summer before renewed concerns put a pause on the rally in September. July and August were a continuation of the rebound from the market bottom in late March, with risk assets, particularly technology-oriented shares, reflating amid better … Continue reading Third Quarter 2020 Market Snapshot →