Entries by Marcia Clark

April 2019 Market Commentary

April 2019 Market Commentary Key Takeaways 1st quarter GDP beat expectations at 3.2%, due in part to increasing net exports and inventories The U.S. stock market reached new highs as economic data and corporate earnings were stronger than expected, though stock prices of companies with disappointing results have been punished Despite slowing GDP in China […]

Market Volatility – “A Few Minutes with Marcia”

Volatility measures the frequency and magnitude of price movements, both up and down, that a financial instrument experiences over a certain period of time. The more dramatic the price swings, the higher the level of volatility. Learn the basics of market volatility with Marcia Clark, CFA, MBA. Watch: For those who prefer to read! Welcome […]

2019 Started with a Roar!

WSWA Monthly Market Commentary for February 2019 Key Takeaways Commodities took the lead in February with a year-to-date return of 13.14% as oil prices recovered from the supply/demand imbalance during the second half of 2018 The S&P 500 index is on pace for its biggest early-year advance in nearly 30 years, due in part to […]

WSWA Monthly Market Commentary

WSWA Monthly Market Commentary for January 2019 Key Takeaways All major asset classes were up strongly in January, one of the best yearly starts in recent memory, despite the month-long partial government shutdown in the U.S. and continuing uncertainty internationally about the economic impact of trade tariffs and the U.K. ‘Brexit’ negotiations Global real estate […]

Market Commentary – December 2018

Market Commentary – December 2018 Key Takeaways Though the U.S. stock market closed the year with its first annual loss since 2008 (S&P 500 -4.38%)(1), investors retained the vast majority of gains earned in 2017 (21.83%.) International stocks as measured by the MSCI EAFE(2) index were down -8.96%, giving up just over half of 2017’s […]

Market Commentary – November 2018

Market Commentary – November 2018 Key Points: Global markets remained volatile despite more clarity about the geopolitical landscape and economic outlook 78% of S&P 500 companies reported positive earnings surprises. A survey of large corporations indicated an expectation for EPS to slow somewhat in 2019 from the current high levels. The U.S. stock market is […]

Market Commentary – October 2018

Market Commentary – October 2018 Another wicked October! First, we had the Panic of 1907, then Black Tuesday in 1929 (and Thursday and Monday), and Black Monday in October 1987, but October 2018 was indeed a month for the record books. With a negative return of -6.94%, it was the third worst October since 1987, […]

Why Aren’t Interest Rates Going Up?

Interest Rates, Inflation, and Monetary Policy: Why aren’t U.S. interest rates going up? Our topic today is interest rates, inflation, and monetary policy. The question we will attempt to answer is: When are interest rates in the United States finally going to rise?   Defensive Strategies Depress Returns If you’re like most bond investors, you’ve […]

Are We Done Yet?

February 12, 2016 by Marcia Clark, CFA On January 26, 2015, I wrote an article questioning the relationship between falling oil prices, slowing Chinese GDP, and the precipitous decline in the U.S. stock markets. I counseled readers to take a breath, that the stock market turmoil was overdone and the U.S. economy was secure. Shortly […]