Market Perspective

June 28, 2019

by Mark Carlton, CFA®

Market Perspective for 6/28/19

The S&P 500 is up close to 4% since the last Update and about 6.5% since the June 3rd low. And yet, nothing really seems different in...

March 18, 2019

by Mark Carlton, CFA®

Trademark Market Perspective for 3/18/19

The Great Bull Market The bull market began on March 9th, 2009, so at this point the Great Recession is completely gone from 10-year...

February 15, 2019

by Mark Carlton, CFA®

Trademark Market Perspective for 2/15/19

It is eye-opening to read the Market Perspective I wrote exactly two months ago. There was a real sense of dread back then as the global...

January 15, 2019

by Mark Carlton, CFA®

Market Perspective for January 15th, 2019

The U.S. stock market has rallied nicely off its Christmas Eve low, but it is running into some resistance at the 2600 mark on the S&P...

December 17, 2018

by Mark Carlton, CFA®

Trademark’s Market Perspective for December 17th, 2018

Stocks Economic growth appears to have peaked in early autumn. Unemployment is now starting to rise, judging by weekly claims. On the...

November 5, 2018

by Mark Carlton, CFA®

Notes and Thoughts for November 5th, 2018

I'm headed to New York for a CFA conference as well as a few manager meetings. Before I go I wanted to share a few observations: A stock...

October 17, 2018

by Mark Carlton, CFA®

Quarterly Perspective for 3Q18

Summary The U.S. stock market posted another strong quarter, rising 7.20%. Once again, however, U.S. stocks were pretty much the “only...

September 25, 2018

by Mark Carlton, CFA®

Market Perspective for September 25th 2018

The Fed and Interest Rates Interest rates are probably going up by 25 basis points later today. The market and I believe it’s a done...

August 23, 2018

by Mark Carlton, CFA®

Market Perceptive for August 23rd, 2018

Economy Famous hedge fund investor Stanley Druckenmiller is known for his assertion that it is liquidity that moves markets, not...

May 18, 2018

by Mark Carlton, CFA®

Market Perspective for May 18th, 2018

Emerging Markets I am nervous about emerging markets. EM can handle a gradual strengthening of the US dollar to a point, but not the...

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