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, January 14, 2019

Presented by Mark Gallagher General market news • After several weeks of rates moving lower across the curve—with the 10-year U.S. Treasury reaching a low of 2.54 percent a little more than a week ago—rates were back up last week. The 10-year opened at 2.68 percent early Monday, while the 30-year opened just above 3 percent […]

read more >

Weekly Market Update, December 17, 2018

Presented by Mark Gallagher General market news • The 10-year U.S. Treasury opened at 2.87 percent early Monday, while the 30-year opened at 3.13 percent. The 2- to 5-year part of the curve remains slightly inverted, with the 2-year yielding about 0.08 percent more than the 5-year. The 3-year currently has the lowest yield of all […]

read more >

Weekly Market Update, November 26, 2018

Presented by Mark Gallagher General market news • Rates were flat or slightly down during the shortened Thanksgiving week. On Monday morning, the 10-year Treasury opened at 3.05 percent, the 2-year opened at 2.84 percent, and the 30-year opened at 3.32 percent. During the previous week, rates dropped by as much as 20 basis points. • All […]

read more >

Weekly Market Update, November 19, 2018

Presented by Mark Gallagher General market news   • Yields fell across the curve last week, with the largest declines on the short end of the curve. The 10-year Treasury opened the week at 3.08 percent, while the 30-year fell to 3.34 percent. • All three major U.S. markets were down on the week. The consumer discretionary, […]

read more >

MARKET OBSERVATIONS

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 […]

read more >

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 […]

read more >

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 […]

read more >

Market Observations for June 2018

Presented by Mark Gallagher   Brad McMillan, Commonwealth’s CIO, recaps the market and economic news for May. It was a good month, continuing the recovery from the pullback we saw at the start of the year. In the U.S., markets were up almost across the board. Consumers continue to spend, and businesses remain confident—with manufacturing […]

read more >

MARK'S MESSAGE

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 […]

read more >

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, […]

read more >

6th Annual Cody’s Dash for Down Syndrome

Help us support the 6th Annual Cody’s Dash for Down Syndrome. Where: Ten Thousand Villages on Selby Avenue. When: Friday, April 21st from 5:00 – 8:00 PM. 10 – 20% of sales go to support Cody’s Dash! More information here.

read more >