Today, the U.S. equity markets extended declines into a fourth day as investors continue to digest news about impending U.S. steel and aluminum tariffs. President Trump tweeted that when the U.S. is losing billions in trade with virtually every country we do business with, we will soon be starting reciprocal taxes to charge the same thing they charge us. Trump is facing anger from manufacturers and trade partners in China and Europe after announcing tariffs of 25 percent on imported steel and 10 percent on aluminum. The formal order is expected to be signed next week.

As we approach the end of 2017, it’s hard to believe that given the uncertain and volatile way the year began, the S&P 500 is now on track for its ninth consecutive positive year. This would make this bull market as long as the historic bull market run of the 1990s. With the market this far along, many of our clients are wondering just how...

The second quarter proved to be a bit bumpy for equities but regardless, each of the benchmarks listed below finished the quarter ahead of their first-quarter closing values. April saw equities end the month ahead of March, buoyed by favorable corporate earnings reports, proposed tax cuts, and strong foreign economic advances. During the month,...

Riding the momentum following the presidential election, stocks surged for much of the first quarter of 2017. Buoyed by the anticipation of tax cuts and policies favorable to domestic businesses, the benchmark indexes listed here reached historic highs throughout the quarter. At the end of January, the Dow reached the magic 20000 mark for the...

Looking back at the market and economy during 2016, one word comes to mind—resilience!  Despite numerous surprises and negative headlines, the equity markets could not be held back.  The year 2016 can also serve as a reminder that no one can predict the future, especially when it comes to the direction of the markets, nor the outcome of elections...