Quarterly Market Newsletter | July 2024

Q2 2024 Review Equity Market Through the first half of the year, the S&P 500 has rallied 15.3%, largely fueled by the handful of mega-cap technology companies on the leading edge of the AI Boom. In fact, over half of the index’s return can be attributed to five stocks[1]. Market breadth remained narrow through the second quarter. According to Morgan…

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Quarterly Market Newsletter | April 2024

Q1 2024 Review Following a year of narrow breadth in the market, where only a few companies in the S&P 500 drove the majority of the index’s return, the first quarter saw breadth expand. The S&P 500 finished the quarter up 10.56%, outpacing the NASDAQ’s 9.3% return[1]. The Russell 1000 Growth finished the quarter up 11.41%, continuing its leadership relative…

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Quarterly Market Newsletter | January 2024

Q4 2023 Review Going into the fourth quarter we made note of the low sentiment readings and fear in the market. We believed that a contrarian view was more than likely to play out due to these factors. The bearish sentiment led to a tough October for the stock market with the S&P 500 falling to 4,100. Treasury yields spiked…

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Market Perspective Video | June/July 2023

Krilogy’s newest Market Perspective video his here: Kent Skornia and John McArthur give their perspectives. With markets having bounced meaningfully in the first half of the year amidst a pessimistic backdrop at the end of 2022, the current environment becomes a little trickier for investors, as they discuss current market conditions and explore what may lie ahead. Important Disclosures

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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Market Perspective Video | May 2023

Krilogy’s John McArthur (CIO) and Kent Skornia (CEO) look back on the markets in May and look forward to what June brings. Plenty of noise and headlines are currently present in the market to distract and influence investors in their decision making. We discuss the importance of discipline and process and why it’s important to be mindful of recency bias…

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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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Quarterly Insights | January 2023

Surging Inflation and Interest Rates Pressured Both Stocks and Bonds in 2022 Easing inflation pressures and a resolution of the fiscal turmoil in the United Kingdom fueled a strong rally in stocks and bonds early in the fourth quarter, but hawkish Fed guidance, disappointing economic data, and rising global bond yields weighed on markets in December. The S&P 500 finished…

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Market Perspective Video | November 2022

As we approach the final stages of 2022, opportunities exist in both the stock and bond market, which have both discounted quite a bit in looking forward to 2023. We assess the current environment and what is taking place below the surface of the market indices. Important Disclosures

Quarterly Insights | October 2022

A Still-Hawkish Fed and Growing Geopolitical Risks Offset a Likely Peak in Inflation to Pressure Stocks in the Third Quarter Global markets declined again in the third quarter as inflation remained near multi-decade highs, geopolitical tensions escalated further, and the Federal Reserve continued to aggressively hike interest rates signaling future rate increases may be larger than previously expected. The third…

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