Stephen M. Mills, CIMA® PartnerChief Investment StrategistAs we turn the page on the third quarter of the year and move into what is likely to be a very interesting and eventful fourth quarter, stocks are at record highs, interest rates are trending lower, inflation is subsiding and the U.S. economy just keeps chugging along like...... More
Stephen M. Mills, CIMA® PartnerChief Investment StrategistThe U.S. financial markets continue to reward patient investors. Stocks, as measured by the popular benchmark S&P 500 Index, recorded a 15.3% total return in the first half of the year as of June 30, while the tech-heavy NASDAQ Index posted a gain of 14.5% after surging 44.6% in...... More
Stephen M. Mills, CIMA®PartnerChief Investment Strategist The performance of the U.S. stock market has been nothing short of remarkable for the past five months as March marked the fifth consecutive month that the U.S. stock market recorded a positive gain, as measured by the S&P 500 Index.1 Since 1950, there have only been 30 instances where...... More
Stephen M. Mills, CIMA® PartnerChief Investment StrategistBrad Bays, CIMA® PartnerPIM Portfolio ManagerHighlights: The stock market rebounded from prior year losses in the first 3 quarters of 2023. The U.S. economy continues to show moderate but slowing growth led by consumer spending and a strong labor market. The rate of inflation in the U.S. continues to...... More
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