Communications

Q3 2018 Equity Market: Taking Heed, But in Stride

Sarah Swan Despite some occasional faltering and vulnerability this quarter, major US stock indexes are still boasting decent gains for the year. But a quick look at the Federal Reserve, the bond market, and growth prospects across the globe tell us to at least take...

Q3 2018 Bond Market: Third Quarter Overview

John Trentacoste Finishing the third quarter, we can all look back and remember it has been ten years since the financial crisis and the beginning of the Great Recession. On September 15, 2008, Lehman Brothers, what was then the fourth largest investment bank, filed...

Q2 2018 Bond Market: Second Quarter Overview

John Trentacoste I’d like to introduce our newest addition to our fixed income team, John Trentacoste, who has written the Bond Market Overview this quarter. There is an old saying that the more things change, the more they stay the same. It actually is an old saying....

Q2 2018 Equity Market: Still Hibernating for Now

Sarah Swan In case you were able to forget, the second quarter reminded us that we are no strangers to volatility in the markets. We’ve seen the main indexes whipsaw intraweek and even intraday over the last three months, with the S&P 500 Index ultimately...

Q1 2018 Equity Market Newsletter: Out of Hibernation?

Sarah Swan PDF version here As we finally say goodbye to winter in Rochester, will we welcome back the bear after a long, long hibernation? This feels like a possibility, as the bull market run may have hit highs in January that we won’t be seeing again for a while....

Q1 2018 Bond Market Newsletter: 1st Quarter Overview

Vince Russo PDF version here By now, everyone should be reacquainted with the term volatility. For the first month of the quarter, it seemed as though the trajectory of interest rates was up, up, up in almost a straight line. No sooner had I written my fourth quarter...