by Boston Financial Management | Aug 29, 2018 | Market Commentary
by Brad M. Weafer, CFA Chief Investment Officer Second quarter earnings results did not disappoint, propelling the U.S. Stock Market back to all-time highs. Last week, the bull market in U.S. stocks that started in the depths of the financial crisis turned 3,453...
by Boston Financial Management | Apr 12, 2018 | Market Commentary
by Brad M. Weafer, Chief Investment Officer Key Points: A disconcerting level of volatility has returned to U.S. equity markets since January The reaction to recent headline market news has been overly dramatic We are optimistic about the outlook for corporate...
by Boston Financial Management | Feb 7, 2018 | Market Commentary
by Brad M. Weafer, CFA, Chief Investment Officer Recent equity market volatility arrives against a constructive backdrop for U.S. stocks. In these pages, our primary focus is economic and corporate fundamentals. This is not by accident. Corporate profits drive...
by Boston Financial Management | Dec 1, 2017 | Market Commentary
by Brad M. Weafer, CFA, Chief Investment Officer At Thanksgiving dinner last week, my wife asked the kids what they are most thankful for. My daughters gave the proper answer of course (they take after their Mom) and suggested things like family and friends. For my...
by Boston Financial Management | Aug 17, 2017 | Market Commentary
Karen R. Bottar, Ph.D., Director of Fixed Income & Managing Director The U.S. has experienced a long period of very low interest rates, which were constructed by the Federal Reserve to help pull the economy out of the great recession of 2008-2009. Yields across...
by Boston Financial Management | May 18, 2017 | Market Commentary
Brad Weafer, CFA, Chief Investment Officer The week started off well for equity markets. The S&P 500 index was up 0.5% on Monday, closing at records highs over 2400. Tuesday started off strong as well, notching intraday highs in early trade. Confounding many...
by Boston Financial Management | Feb 17, 2017 | Market Commentary
U.S. Economic Data Suggest Continued Growth in 2017 Since the election, the media has focused on our new President. The potential boost to economic growth of a pro-growth policy agenda centered on tax cuts and fiscal stimulus has helped propel equity markets to new...
by Boston Financial Management | Dec 14, 2016 | Market Commentary
Interest rates have been in a secular decline for 35 years. November 2016 signals the low in yields and is depicted in the 10-Year Constant Maturity graph in Figure 1. The chart below depicts this decline since 1980. For those who may not remember, Paul Volker was...
by Boston Financial Management | Nov 9, 2016 | Market Commentary
This morning we woke to the stunning news that Donald Trump upset Hillary Clinton in the Presidential election. Polling data heading into Tuesday strongly suggested a Clinton victory, and capital markets are reacting to the surprise Trump victory globally and across...
by Boston Financial Management | Jun 6, 2016 | Market Commentary
Investor pessimism is a positive sign for equity markets Inflection points in markets usually occur when sentiment reaches an extreme. The times when the consensus is pessimistic and afraid, are most often the best times to invest. Conversely, when the majority of...
