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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Quarterly Insights | April 2023

Soft Landing or Hard Impact? Inflation has been one of the primary risks to the broader US economy, and thereby the investment markets. In nine straight meetings, we have seen the Federal Open Market Committee act to slow down the economy by raising the Key Rate (the Federal Funds Rate) by 475 basis points. The Key Rate currently stands at…

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Weekly Market Recap | March 27, 2023

Week in Review Equity Markets: Intra-day volatility was a common occurrence last week. On multiple days we saw moves of 3%, swinging very quickly from positive to negative, and on occasion ultimately reversing back to positive. Ultimately, the S&P 500 ended the week up by 1.4% and increased its year-to-date performance to +3.4%. Sentiment has deteriorated since the start of…

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Krilogy Financial

Virant Team Joins Krilogy®, Adds $140 Million in Assets to the Firm

Krilogy®, a St. Louis-based wealth management firm, has announced the addition of John Virant, Sr. and John Virant, Jr., of Eidelman Virant, the Clayton firm where they served as partners since 2010 and 2011, respectively joined the Krilogy® team. The team has transitioned their clients to Krilogy®, collectively adding $140 million in assets. The elder Virant began his career in…

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Weekly Market Recap | March 20, 2023

Week in Review Equity Markets: From the headlines alone, one would think it was a bad week for the markets last week. However, the S&P 500 ended the week positive, up by 1.4%. Q4 earnings season is essentially complete with 498 of the S&P 500 companies having already reported. 68% have positive EPS surprises and 67% have beaten revenue expectations1,…

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Weekly Market Recap | March 13, 2023

Week in Review Equity Markets: This week will mark the one-year anniversary of the start of the Fed’s historic rate hiking campaign. The repercussions of the campaign have been slow to reveal themselves and the first major crack may have been exposed last week. The S&P 500 ended the week down 4.5% and the final trading days of the week…

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Krilogy® Named Among the Best Places to Work for Financial Advisors by InvestmentNews Magazine

Each year, InvestmentNews honors the top 75 wealth management firms in the United States on its list of the Best Places to Work for Financial Advisors. Krilogy® is pleased to announce that once again this year, the firm has earned a spot on the list for its commitment to fostering a values-based, supportive culture for the team of wealth advisors….

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