Blog
Bond Market Update: Fed Cuts Likely as Yields Remain Attractive
Evidence continues to accumulate that interest rate cuts are on the horizon as the Fed is likely to debate the timing and number of cuts in 2024. This potentially creates an attractive environment for U.S. fixed income heading into the Fall [..]
Market Update: Cooling Inflation Helps Markets
Recent falling inflation, broadening corporate earnings and labor market balancing all increase the potential for a Federal Reserve (Fed) rate cut later this year. A broad array of asset classes could potentially benefit from this rate cut, which strengthens the case for portfolio diversification at a time when a few market leaders have created the potential for concentration risk […]
Bond Market Update: The June Report
Amid falling inflation and rising demand for Treasuries, a Federal Reserve Bank rate cut is increasingly likely before November. Fixed Income Trader and Portfolio Manager Bill Smith examines bond market developments in June, which include the beginnings of easing at Central Banks across the world and the ongoing puzzle of an inverted yield curve here in the US […]
Market Update: A Glimpse of a Future
As the market anticipates a rate cut later in 2024, market performance is increasingly being driven by a group of technology stocks known as the Magnificent Seven. However, the divergence between the broader market and these stocks creates the potential for a larger selloff when these companies lost momentum […]
Market Update: Are You Surprised by the Market?
Despite persistent inflation, interest rate cut delays and geopolitical tensions around the globe, the markets remain resilient, demonstrating low volatility, low pullbacks and low losses. Historical market performance suggests that remaining in the market is a good idea because it’s not about timing the market, but time in the market […]
Bond Market Update: The May Report
Download the 5.31.24 Dynamic Bond Market Update for advisors’ use with clients By Bill Smith, Fixed Income Trader and Portfolio Manager Yields have largely declined this month as bond investors welcomed a 3.40% year-over-year consumer price index (CPI) print from the Bureau of Labor Statistics on May 15th. While far
Q2 2024 Investing Insights: Top 3 Lessons from Warren Buffett in 2024
Download the Q2 2024 Dynamic Investing Insights for advisors’ use with clients By Kostya Etus, CFA®, Chief Investment Officer, Dynamic Investment Management “All I want to know is where I’m going to die, so I’ll never go there.” – Charlie Munger (January 1, 1924 – November 28, 2023) – Legendary
Market Update: The Good, the Bad, and the Fed
Download the 5.3.24 Dynamic Market Update for advisors’ use with clients By Kostya Etus, CFA®, Chief Investment Officer, Dynamic Investment Management Rate Debate Goes On April was a rough month for the market, with the S&P 500 down over 4%, the worst monthly return since September of 2023. With that
Bond Market Update: Sticky Inflation Tempers Easing Expectations
Download the 4.30.24 Dynamic Bond Market Update for advisors’ use with clients By Bill Smith, Fixed Income Trader and Portfolio Manager Yields continued to trend higher in April after a series of higher-than-expected inflation data pushed rate cut expectations deeper into the last half of 2024. Fed Chair Jerome Powell
Market Update: Too Hot to Handle
Download the 4.19.24 Dynamic Market Update for advisors’ use with clients By Kostya Etus, CFA®, Chief Investment Officer, Dynamic Investment Management Inflation Issues After a historically strong first quarter, we have had some weakness in the stock market to start off Q2. While most of us had our eyes on
Market Update: Starting Out Strong
Download the 4.5.24 Dynamic Market Update for advisors’ use with clients By Kostya Etus, CFA®, Chief Investment Officer, Dynamic Investment Management First Quarter Stock Market Strength The U.S. stock market had a historically strong first quarter to kick off 2024 with a 10.6% total return for the S&P 500 index.
Bond Market Update: Spotlight on Central Banks
Download the 4.1.24 Dynamic Bond Market Update for advisors’ use with clients By Bill Smith, Fixed Income Trader and Portfolio Manager While changes in monetary policy are always good for a headline, March has been particularly notable for central banks across the globe. The Bank of Japan raised rates for
Market Update: Mixed Bag for March
Download the 3.15.24 Dynamic Market Update for advisors use with clients By Kostya Etus, CFA®, Chief Investment Officer, Dynamic Investment Management We Have Good News and Bad News March has seen some mixed results from the markets and the economy. Both stock and bond markets have exhibited some choppy sessions
Learn from the Most Successful Flop Ever
The following post has been adapted from Dynamic advisor Patrick Huey’s “This Week in History” blog. Huey is the owner and principal advisor of Victory Independent Planning, a boutique firm offering portfolio management, retirement planning and charitable gifting strategies. By Patrick Huey, CFP®, CAP®, ATP On March 6, 1947, Richard
Q1 2024 Investing Insights: Top 3 Outlooks for 2024
Download the Q1 2024 Dynamic Investing Insights for advisors’ use with clients By Kostya Etus, CFA®, Chief Investment Officer, Dynamic Investment Management “And I know what I have to do now. I gotta keep breathing. Because tomorrow the sun will rise. Who knows what the tide could bring?” – Chuck
Bond Market Update: Rate Expectations and CPI Surprise – Not a Novel by Charles Dickens
Download the 2.23.34 Dynamic Bond Market Update for advisors’ use with clients First Cut Remains Elusive Although rate cuts are still widely anticipated this year, recent data has pushed the expected start date further into 2024. The likelihood of a cut at the next Federal Open Market Committee (FOMC) meeting
Market Update: 500 Over 5,000
Download the 2.16.24 Dynamic Market Update for advisors’ use with clients By Kostya Etus, CFA®, Chief Investment Officer, Dynamic Investment Management What Recession? Happy Valentine’s Day! As a special treat, the S&P 500 has crossed over 5,000 for the first time ever. While this is just a number, it signifies
Market Update: From Peaks to Soft Landings
Download the 2.2.24 Dynamic Market Update for advisors’ use with clients By Kostya Etus, CFA®, Chief Investment Officer, Dynamic Investment Management All Eyes on Fed As January came to an end, the stock market found another victory with a third consecutive month of positive returns as the S&P 500 gained
Bond Market Update: Bullets, Barbells and Ladders: Strategies to Consider When Rates Decline
Download the 1.26.24 Dynamic Bond Market Update for advisors’ use with clients By Bill Smith, Fixed Income Trader and Portfolio Manager With the Federal Reserve (Fed) telegraphing three rate cuts this year, and Bloomberg’s probability model estimating at least five as of January 23, we will likely see lower rates
Market Update: Bumpy Road Ahead
Download the 1.19.24 Dynamic Market Update for advisors’ use with clients By Kostya Etus, CFA®, Chief Investment Officer, Dynamic Investment Management Not ‘If’ but ‘When’ While the S&P 500 remains close to its all-time highs, we have seen some choppiness this year. Much of this is driven by uncertainty around
Market Update: More Ups than Downs
Download the 1.5.24 Dynamic Market Update for advisors’ use with clients By Kostya Etus, CFA®, Chief Investment Officer, Dynamic Investment Management A Great 2023! Happy New Year! As we embark on the great journey that will be 2024, let’s reflect on the key market highlights of 2023—as well as how
Bond Market Update: December Brings Good Tidings for Bond Investors
Download the 12.20.23 Dynamic Bond Market Update for advisors’ use with clients Strong Year-End for Bonds Yields continued to decline this month, gifting bond investors one of the strongest year-end rallies since the early 1980s. While most major fixed income indices are positive on the year, high yield and
Market Update: Christmas Comes Early for Investors
Download the 12.15.23 Dynamic Market Update for advisors’ use with clients By Kostya Etus, CFA®, Chief Investment Officer, Dynamic Investment Management Gifts from Santa Powell Both stock and bond markets rallied on Wednesday, December 13, as the Federal Reserve (Fed), led by Chair Jerome Powell, not only held rates
Five Lifelong Lessons in Financial Wisdom
By Craig Morningstar, Chief Operating Officer After a nearly four-decade career, Craig Morningstar is retiring at the end of 2023 to embark on bucket list trips and weekend rides to enjoy the open road. He looks forward to catching up on Federal Reserve reports, writing books and movie scripts, returning