THE BLOG

Offering market updates from our partners at Commonwealth as well as knowledge and insight for our clients from Gallagher himself.

MARKET UPDATES

Weekly Market Update, November 18, 2019

Presented by Mark Gallagher General Market News • U.S. rates came down on a holiday-shortened week. On Monday, the 10-year Treasury yield opened at 1.84 percent, dropping from last week’s high of 1.97 percent. The 30-year reached a recent high of 2.43 percent and opened Monday at 2.32 percent. The 2-year moved from a high […]

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Weekly Market Update, November 11, 2019

Presented by Mark Gallagher General Market News • The 10-year Treasury yield closed last Friday at 1.94 percent, its highest level since early August. The 30-year closed at 2.42 percent, and the 2-year stood at 1.67 percent. One year ago today, the 10-year stood at 3.14 percent. • Global equity markets rallied for much of […]

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Market Update for the Month Ending October 31, 2019

Presented by Mark Gallagher More treats than tricks for markets in October October was another positive month for markets. Diminishing risks helped drive equity markets near all-time highs. The S&P 500 gained 2.17 percent in October and finished the month at a new record high. The Dow Jones Industrial Average grew by 0.59 percent in […]

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Weekly Market Update, October 28, 2019

Presented by Mark Gallagher General Market News • Rates moved higher late last week after a two-week period of flatness. The 10-year Treasury yield rates came in at the highest level we’ve seen in the past 30 days. The last time rates hit this level (on September 17), they began a three-week fall back to […]

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MARKET OBSERVATIONS

Market Observations for February 2019

Brad McMillan, Commonwealth’s CIO, recaps the market and economic news for January. It was a great month for the financial markets. Despite the government shutdown, signs of an economic slowdown, and dropping consumer and business confidence, U.S. and international markets were up. Plus, job and wage growth were strong, and companies made more money than […]

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Market Observations for January 2019

Brad McMillan, Commonwealth’s CIO, recaps market and economic news for December. It was another bad month in a string of bad months, with U.S. markets down about 10 percent and international markets faring only a bit better, down 5 to 6 percent. A combination of bad news, from a government shutdown, to the ongoing trade […]

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Weekly Market Update, August 27, 2018

Presented by Mark Gallagher General market news   • On Monday morning, the 10-, 30-, and 2-year Treasuries opened at 2.81 percent, 2.96 percent, and 2.62 percent, respectively. The spread between the 2- and 10-year notes is again at its flattest level in this economic cycle. Historically, an inverted yield curve—where rates on the short end […]

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Market Observations for July 2018

Presented by Mark Gallagher   Brad McMillan, Commonwealth’s CIO, recaps the market and economic news for June. It was a mixed month, as U.S. markets went down with the Dow and up with the S&P 500 and the Nasdaq. Bond markets pulled back a bit on rising rates. There was also pullback abroad, in both […]

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MARK'S MESSAGE

2019 Midyear Outlook: A Story of Headlines Vs. Fundamentals

Presented by Mark Gallagher At the end of last year, the big question was, “Will 2019 bring the end of the recovery?” All of the data seemed to point to an answer of “Not yet.” And so far, that answer still holds. The big picture suggests growth is likely to continue for the rest of […]

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Planning Your Charitable Giving for 2019

Presented by Mark Gallagher A new year has begun. It’s time to evaluate what worked well for you financially in 2018 and whether you need to make any changes for 2019. As you do that, you’ll want to put together a plan for this year’s charitable giving. A good place to start the process is […]

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2018 Market Drawdown: Is This Still Normal?

Presented by Mark Gallagher As we look back on the year, the market continues to drop. Plus, the major U.S. stock market indices are now in or approaching bear market territory (i.e., down 20 percent or more). As such, there is a real concern that this drawdown signals something even worse ahead. Worry levels are […]

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2018 Outlook: Moving into the End of the Cycle

Presented by Mark Gallagher As 2018 begins, the good economic news continues. Companies are hiring, both consumers and businesses feel confident, and economic growth is good and getting better. Even as conditions remain very positive, though, there are signs that the trend is changing. Job growth is slowing as we run out of available workers, […]

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