Our most recent quarterly comments
Third Quarter 2019
Key takeaways for the quarter include: U.S. equities eked out modest gains, except small caps; volatility was elevated and geopolitical tensions remained high; the Fed cut interest rates twice and investors chased yield; and the Initial Public Offering market is showing signs of stress.
First Quarter 2019
Most asset classes were off to the races during the first quarter as they partially recovered from a difficult end to 2018.
Fourth Quarter 2018
Various asset prices fell throughout the world during the quarter and year due to a variety of factors. As a result, more opportunities are surfacing and we have the dry powder to capitalize on them.