Quarterly Market Newsletter | July 2023

Q2 2023 Review The first half of the year is in the books and the markets have seen a strong move off the lows in October of 2022. The S&P 500 is up 16.9%, but only to be outshined by the NASDAQ which is up 32.3% year to date. There has been a significant concentration in outperformers, however. The Technology…

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Krilogy® Named Among the Top Workplaces in the St. Louis Region by the St. Louis Post-Dispatch

St. Louis, MO – For the third year in a row, Krilogy® has been named among the Top Workplaces in the St. Louis region by the St. Louis Post-Dispatch. Recognition is based on the results of an employee survey administered by a third-party research firm to identify companies who commit to nurturing a culture of excellence. “Krilogy® has always focused on…

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Weekly Market Recap | June 20, 2023

Week in Review Equity Markets: The S&P 500 stretched its weekly winning streak to five despite the small pullback on Friday. The index now sits 8.5% below the all-time high of 4,818 from January of 2022 following the 26% run from the lows from last October. Market breadth has improved over the recent weeks but the leadership remains concentrated year-to-date….

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Weekly Market Recap | June 12, 2023

Week in Review Equity Markets: The S&P 500 notched its fourth winning week in a row, finishing the week up 0.4%. Year-to-date the S&P is up 12%, being outpaced by the NASDAQ which is up 26.7%. A style shift occurred last week with small caps outperforming their larger counterparts. The Russell 2000 finished up 1.92%. Volatility has hit a multi-year…

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Weekly Market Recap | June 6, 2023

Week in Review Equity Markets: With the passage of the debt ceiling increase and the optimistic view of the labor market reports last week, the markets saw broad participation. The S&P 500 ended the week up 1.88% and the NASDAQ finished up 2%. A welcomed rotation to value and small caps also occurred last week. The Dow finished the week…

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Weekly Market Recap | May 30, 2023

Week in Review Equity Markets: The S&P 500 finished the week with a modest return of 0.3%. The NASDAQ finished the week up 2.52% and widened the spread for growth outperformance relative to value for the year. Large Cap growth has outperformed Large Cap value by a 22% year-to-date1. Growth is up 21.3% while value is in the red by…

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Weekly Market Recap | May 22, 2023

Week in Review Equity Markets: The markets had a strong week and the S&P 500 briefly moved past the 4,200 mark; which has been a major topside level. The S&P finished the week up 1.6% while the NASDAQ extended its year-to-date spread finishing up 3%. Growth has outperformed Value in a large way this year1, reversing the Value trend last…

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Weekly Market Recap | May 15, 2023

Week in Review Equity Markets: The S&P 500 remained rangebound last week following a late rally into the close on Friday, ending the week slightly negative by 0.3%. The market has been stabilized by the mega-cap technology names that have surprised on the earnings front. Market breadth remains narrow as we enter the end of the first-quarter earnings season. There…

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Weekly Market Recap | April 24, 2023

Week in Review Equity Markets: The markets ended the week essentially flat after trading in a very tight range. The S&P 500 is up 7.7% for the year and has recovered essentially all of the losses from February and March and is trading near the year-to-date high. 18% of S&P 500 companies have reported first-quarter earnings so far. 76% have…

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Weekly Market Recap | April 17, 2023

Week in Review Equity Markets: The markets traded in a tight range last week, with all of the major indices ending positive. The S&P 500 finished the week up by 0.8%. The S&P is positive 7.8% year-to-date; despite the macroeconomic events so far this year. Earnings season kicked into full gear last week, with the major banks starting to announce….

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