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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Weekly Market Recap | March 6, 2023

Week in Review Equity Markets: The S&P 500 recovered some of the losses from the week prior, ending the week positive by 1.9%. After starting the week in the red, the market rallied despite the surge in yields. This earnings season has been less than stellar, but last week saw a few major S&P companies have very good reports. Salesforce…

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Weekly Market Recap | February 27, 2023

Week in Review Equity Markets: The S&P 500 saw its worst weekly performance this year, ending down 2.7%. The driving forces were macro-related and were reminiscent of last year. Following a higher-than-expected PCE report on Friday, the markets were deep in the red and finished the final trading session down over 1%. Q4 earnings season is coming to a close…

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Weekly Market Recap | February 21, 2023

Week in Review Equity Markets: The S&P 500 ended the week slightly in the red, down 0.3%. The market saw elevated intraday volatility for the majority of the week as new economic numbers came in. The market is working through slowing earnings and a Fed that is likely to stay restrictive for longer, all while the labor market remains historically…

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Weekly Market Recap | February 13, 2023

Week in Review Equity Markets: The rally slowed last week and the S&P 500 declined 1.1%. Higher rates and subpar earnings hit growth stocks more heavily. The NASDAQ declined 2.4%. Roughly 70% of S&P 500 companies have reported earnings. Thus far, 69% of companies have posted a positive earnings surprise and 63% have beaten revenue expectations according to data compiled…

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