August 2024 Commentary: Those Lazy-Hazy-Crazy Days of Summer
Summary Despite early declines, U.S. large cap stocks recovered to end August up 2.4%, but U.S. small cap stocks finished down 1.5%. U.S. intermediate-term bonds
July 2024 Commentary: Passing the Baton
Summary U.S. small cap stocks ended July up 10%, while U.S. large cap stocks ended the month up 1%, the widest relative performance spread since
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
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
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
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
Our Thinking
Stock-Based Compensation
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
August 2024 Commentary: Those Lazy-Hazy-Crazy Days of Summer
Summary Despite early declines, U.S. large cap stocks recovered to end August up 2.4%, but U.S. small cap stocks finished down 1.5%. U.S. intermediate-term bonds
July 2024 Commentary: Passing the Baton
Summary U.S. small cap stocks ended July up 10%, while U.S. large cap stocks ended the month up 1%, the widest relative performance spread since
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
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
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
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