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, March 23, 2020

Presented by Mark Gallagher General Market News • The world is battling COVID-19, and we don’t yet know the negative effects it will have on society and the economy. We should expect to see high levels of volatility until we as a nation have a better grasp on the times. Two weeks ago, the 10-year […]

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Weekly Market Update, March 16, 2020

Presented by Mark Gallagher General Market News • Yields continued to show volatility throughout last week. The 10-year Treasury yield rose from a Monday low of 0.34 percent to as high as 0.98 percent on Friday. A surprise rate cut from the Federal Reserve (Fed) on Sunday, along with additional quantitative easing plans (more below) […]

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Market Update for the Month Ending February 29, 2020

Presented by Mark Gallagher A turbulent February for markets February was a tough month for markets, ending in a terrible final week—the worst week for U.S. equity market returns since 2008. Investors were spooked by news about the spread of the coronavirus and fled to safe-haven assets. The S&P 500 fell by 8.23 percent, the […]

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Weekly Market Update, March 2, 2020

Presented by Mark Gallagher General Market News • Global concerns about the spread of the coronavirus pushed yields to historical lows late last week, with the 10-year Treasury yield sinking as low as 1.02 percent on Monday. The 30-year stands at 1.63 percent, which is where the 10-year stood less than two weeks ago. The […]

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MARKET OBSERVATIONS

Market Thoughts for January 2020

Brad McMillan, Commonwealth’s CIO, recaps the market and economic news for December. It was a great close to 2019, with U.S. markets up more than 20 percent and international markets showing double-digit gains. Job growth was strong, and, for the ninth month in a row, income and spending went up. New home sales were at […]

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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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MARK'S MESSAGE

Tax Organizer

Click link below to download a PDF of our Tax Organizer 2019 Tax Organizer (CLICK HERE) The 2020 tax filing season is the 2nd year after the sweeping federal tax reforms passed by congress. Once again, many of our clients will be utilizing the standard deduction at the federal level, while still being able to […]

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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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