Weekly Market Recap | September 5, 2023

Week in Review Equity Markets: A late monthly rally was not enough to push the S&P 500 positive for the month of August. The S&P ended the month down 1.8%, snapping a 5-month string of positive results. The energy sector was the only one to finish the month positive, despite a 47% decline in year-over-year earnings growth1. Last week saw…

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Could You Be Saving on Taxes by Living in a Different State? | August 2023

Could You Be Saving on Taxes by Living in a Different State? As taxpayers grow more affluent or near retirement, many begin to consider moving to a state that does not collect personal income tax.  Perhaps Florida is the state most well known as the “tax free retirement state,” but there are eight states that currently do not have an…

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Weekly Market Recap | August 28, 2023

Week in Review Equity Markets: The markets ended the week strong on Friday following the comments from the Jackson Hole Summit. The S&P 500 ended the week up 0.8%. The NASDAQ surged 2.3%, fueled by robust earnings reports from companies in the technology sector. The growth-to-value performance spread widened last week. Large-cap growth is up 27.8% year-to-date while Large-Cap Value…

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Weekly Market Recap | August 21, 2023

Week in Review Equity Markets: The major markets experienced steep sell-offs last week. The S&P 500 ended the week down 2.6% and the NASDAQ finished the week down 2.6%. The first half of the year was dominated by Large-Cap Growth, specifically the technology sector, but the tide has shifted so far this quarter. The Russell 1000 Growth Index is down…

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Weekly Market Recap | August 14, 2023

Week in Review Equity Markets: The S&P 500 and NASDAQ sold off for the second consecutive week. The S&P 500 ended down 0.3% and the NASDAQ declined 1.9%. Value was the lone winner for the week, with the Dow ending up 0.7% and the Russell 1000 Value finished up 0.33%. The outperformance closed the value-growth spread, but large-cap growth still…

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Weekly Market Recap | August 7, 2023

Week in Review Equity Markets: The markets sold off this week as the U.S. debt downgrade frightened the markets. The S&P 500 ended down 2.3% despite large earnings beats by some of the index’s largest members. Large Cap Growth continues its dominance for the year, up 29.4%. Large-Cap Value lags by a large margin year-to-date, up by 6.8%1. 84% of…

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Weekly Market Recap | July 31, 2023

Week in Review Equity Markets: Choppiness returned to the markets amidst a busy week of earnings data, economic reports, and the important Federal Open Market Committee (FOMC) policy decision. Despite the mid-week volatility, markets finished higher. The S&P 500 finished the week up 1% bringing its year-to-date return to 20.5%. Last week saw the DJIA snap its multiple-week winning streak….

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Weekly Market Recap | July 24, 2023

Week in Review Equity Markets: The S&P 500 finished the week up 0.7%, behind the DJIA rally of 2.1%. The NASDAQ fell 0.6% as investors pulled away from growth stocks in favor of their value counterparts1. Earnings season picked up last week. So far, 89 S&P 500 companies have reported. 73% have beaten earnings estimates, slightly higher than the long-term…

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Weekly Market Recap | July 17, 2023

Week in Review Equity Markets: The markets reversed the trend from the prior week and had a strong rally, heavily fueled by the better-than-expected inflation reports. The NASDAQ finished the week up 3.3%, extending its YTD gain to 35.5%. The S&P 500 finished the week positive by 2.4% and is up 18.4% YTD. The style trend for the year continues…

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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