![](https://103advisory.com/wp-content/uploads/2024/07/2Q-2024-Market-Commentary-300x239.jpg)
2Q 2024 Commentary: Status Quo
Summary U.S. markets delivered mixed results in the second quarter. Large cap stocks climbed 4.3% while small cap stocks declined by 3.3%. Bonds ended the
![](https://103advisory.com/wp-content/uploads/2024/06/May-2024-Market-Commentary-300x182.jpg)
May 2024 Commentary: Power Play
Summary May was nearly ideal for most asset classes, and U.S. equities performed best as large cap and small cap stocks both rose 5%. Intermediate-term
![](https://103advisory.com/wp-content/uploads/2024/05/April-2024-Market-Commentary-300x229.jpg)
April 2024 Commentary: Policy Tug of War
Summary In April, rising bond yields and increased geopolitical tensions pressured the stock market, and U.S. large cap stocks declined 4.1% while small cap stocks
![](https://103advisory.com/wp-content/uploads/2024/04/1Q-2024-Market-Commentary-300x226.jpg)
1Q 2024 Commentary: The Fed’s Aim: A New Bull’s Eye
Summary Equity markets concluded the first three months of 2024 on a strong note as the S&P 500 achieved new all-time highs. The small cap
![](https://103advisory.com/wp-content/uploads/2024/03/February-2024-Market-Commentary-300x230.jpg)
February 2024 Market Commentary: Navigating the Bull
Summary Equity market returns were robust in February. U.S. small cap stocks led the rally, up 5.7%, and the S&P 500 set new highs, marking
![](https://103advisory.com/wp-content/uploads/2024/02/Stock-Based-Compensation-Feature-Picture-Word-Press-300x151.jpg)
Stock-Based Compensation: A Four-Part Series
Stock-based compensation in the form of restricted stock units (“RSUs”) can be a wonderful form of bonus compensation. However, the risk characteristics associated with an
Our Thinking
Stock-Based Compensation
![](https://103advisory.com/wp-content/uploads/2024/02/Stock-Based-Compensation-Feature-Picture-Word-Press-300x151.jpg)
Stock-Based Compensation: A Four-Part Series
Stock-based compensation in the form of restricted stock units (“RSUs”) can be a wonderful form of bonus compensation. However, the risk characteristics associated with an
Market Commentary
![](https://103advisory.com/wp-content/uploads/2024/07/2Q-2024-Market-Commentary-300x239.jpg)
2Q 2024 Commentary: Status Quo
Summary U.S. markets delivered mixed results in the second quarter. Large cap stocks climbed 4.3% while small cap stocks declined by 3.3%. Bonds ended the
![](https://103advisory.com/wp-content/uploads/2024/06/May-2024-Market-Commentary-300x182.jpg)
May 2024 Commentary: Power Play
Summary May was nearly ideal for most asset classes, and U.S. equities performed best as large cap and small cap stocks both rose 5%. Intermediate-term
![](https://103advisory.com/wp-content/uploads/2024/05/April-2024-Market-Commentary-300x229.jpg)
April 2024 Commentary: Policy Tug of War
Summary In April, rising bond yields and increased geopolitical tensions pressured the stock market, and U.S. large cap stocks declined 4.1% while small cap stocks
![](https://103advisory.com/wp-content/uploads/2024/04/1Q-2024-Market-Commentary-300x226.jpg)
1Q 2024 Commentary: The Fed’s Aim: A New Bull’s Eye
Summary Equity markets concluded the first three months of 2024 on a strong note as the S&P 500 achieved new all-time highs. The small cap
![](https://103advisory.com/wp-content/uploads/2024/03/February-2024-Market-Commentary-300x230.jpg)
February 2024 Market Commentary: Navigating the Bull
Summary Equity market returns were robust in February. U.S. small cap stocks led the rally, up 5.7%, and the S&P 500 set new highs, marking
![](https://103advisory.com/wp-content/uploads/2024/02/January-2024-Market-Commentary-300x183.jpg)
January 2024 Commentary: The Size Divide
Summary The U.S. economy grew by an annualized 3.3% in Q4 2023, beating expectations. Consumer confidence rose significantly due to lower inflation expectations and a