Market Perspective

June 28, 2019

by Mark Carlton, CFA®

Market Perspective for 6/28/19

What actually drove stock prices higher was the collapse of the growth narrative and the subsequent embrace of the multiple rate cuts narrative.

March 18, 2019

by Mark Carlton, CFA®

Trademark Market Perspective for 3/18/19

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

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 500.

December 17, 2018

by Mark Carlton, CFA®

Trademark’s Market Perspective for December 17th, 2018

Economic growth appears to have peaked in early autumn.

November 5, 2018

by Mark Carlton, CFA®

Notes and Thoughts for November 5th, 2018

Before I go I wanted to share a few observations: A stock market correction is upon us, obviously.

October 17, 2018

by Mark Carlton, CFA®

Quarterly Perspective for 3Q18

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

September 25, 2018

by Mark Carlton, CFA®

Market Perspective for September 25th 2018

It’s has been a difficult environment for asset managers who are philosophically committed to diversification.

August 23, 2018

by Mark Carlton, CFA®

Market Perceptive for August 23rd, 2018

Turkish President Erdogan’s efforts to control rising inflation have blown up in his face. The Turkish lira has declined sharply over the past two weeks.

May 18, 2018

by Mark Carlton, CFA®

Market Perspective for May 18th, 2018

I am nervous about emerging markets. EM can handle a gradual strengthening of the US dollar to a point, but not the sudden surge that we have seen lately.

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