Archive for the
‘Investment Thinking’ Category

  Market Update and Economic Developments • U.S. equities extended their rally in July, with the S&P 500 rising 2.24%. AI enthusiasm continues to drive markets, with tech and communication service companies reporting strong earnings. Small cap stocks have remained nearly flat for the year, signaling cautious confidence in the broader U.S. economy. Overall equity [...]
  Market Update and Economic Developments • U.S. equities ended their best quarter since 2013, with the S&P 500 Index reaching a new all-time high and notching a 5% gain in June and nearly an 11% gain for 2Q-2025. Stocks of smaller U.S. companies are still negative year-to-date, but large and mid-size public businesses have [...]
  Market Update and Economic Developments • The S&P 500 posted a 6.29% return in May, turning positive after a difficult start to the year amidst US policy uncertainty. Within the S&P 500, Technology and Communication Services led performance. Nvidia’s (NYSE: NVDA) 24.06% gain during May lifted tech following a strong earnings report. Nvidia’s earnings [...]
  Market Update and Economic Developments • Solid earnings reports, hopes for a lessening of U.S.-China trade friction, and resilient U.S. labor data contributed to a strong rally in U.S. equity markets, with the S&P 500 Index erasing its early April 13.8% drop. High Capital expenditures spending and solid earnings from Big Tech assuaged some [...]
  Market Update and Economic Developments • Equities continued their downward march over the past month, with U.S. large cap stocks ending the month with a 5.63% loss. During March, the S&P 500 briefly entered “correction territory,” as the index fell 10% from its recent peak. Part of this decline can be attributed to the [...]
    On Wednesday April 2, President Trump announced a sweeping set of reciprocal tariffs, marking one of the most aggressive shifts in U.S. trade policy in over a century. As global markets digested the implications, volatility surged, with the S&P 500 falling by more than 10% in two trading days — its steepest daily [...]