On the Street Monthly – Historical Performance After S&P 500 Hits New All-Time Highs

On January 19, the S&P 500 hit new all-time highs when it broke through its previous high set on January 3, 2022.  This marks a span of 511 trading days between consecutive all-time highs, ranking as the 6th longest duration since 1950. There have been a total of 15 instances, including the current one, where […]

On the Street Monthly – Should We Worry About the Election?

As we step into a year poised for political debates, it’s crucial to sift through the noise and distinguish it from historical patterns as it relates to investing. A noteworthy trend, consistent since 1950, reveals that the S&P 500 has demonstrated positive performance in every year during the first term of a President. (Source: Carson […]

On the Street Monthly – Cautiously Optimistic

If you’ve ever cornered a market forecaster and inquired about their outlook, you’ve likely encountered the phrase “Cautiously Optimistic.” Admittedly, we’ve used these words with investors, and I find myself ambivalent about them. As investors, we embrace risk, so a degree of caution is inherent. Yet, we willingly take risks because, historically, there has always […]

On the Street Monthly – With Pessimism Growing, Will There be a Yearend Rally?

With the holiday season approaching, we are entering the months where the stock market has historically performed the best.  Below is a chart of the S&P 500 Index average returns for each month dating back to 1928.  If you squeeze this timeline down to the last 53 years, November is actually the best month in […]

On the Street Monthly – Seasonal Weakness or Something More?

With the major stock and bond indices all experiencing declines in the third quarter, the question begs if this is merely a seasonal pattern where the market tends to underperform, or if there are underlying factors at play. To explore this question, we delve into historical data related to the stock market in pre-election years. […]

On the Street Monthly – Credit Spreads Telling a Different Story

While the market stumbled in August for most of the month, it is fair to ask if this is the start of something worse or merely a pause for the broader market. Occasionally, the answer to this question lies within the realm of the bond market, where we analyze credit spreads. To bring you up […]

On the Street Monthly – US Dollar vs the S&P 500

One of the prominent headlines in 2022 revolved around the strength of the US Dollar. Barrons’ October 2022 cover even featured George Washington flexing, emphasizing the greenback’s dominance at the time. However, shortly after the publication, a reversal occurred, with the dollar’s strength fading while the SP 500 started its march higher. Since the Barrons’ […]

On the Street Monthly – Shifting from Recession Fears to Growing Optimism?

As we reach the midway point of 2023, the prevailing narratives at the start of the year centered around concerns of an impending recession, rising interest rates, and corporate layoffs. However, with the major indices delivering positive results, investors are finding themselves increasingly optimistic about the future. One key indicator shedding light on this sentiment […]

ON THE STREET MONTHLY – AI REVOLUTION

AI Revolution As we approach the halfway point in the year, the most prevailing headline for 2023 thus far has been the rise in Artificial Intelligence (AI). We closed out 2022 with technology stocks in a bear market, higher interest rates, sticky inflation and pessimism about the overall economy. While some of these concerns are […]

ON THE STREET MONTHLY – THE DEBT CEILING BATTLE

The US debt has surpassed $30 trillion for the first time in February, prompting Congress to consider raising the debt limit, which is the maximum amount the Treasury can borrow to pay America’s bills. $7 trillion were added to the national debt due to the coronavirus pandemic in the last two years alone. Increasing the […]