Market Commentary

Our portfolio managers give you their analysis of current economic trends
within their targeted area of investment

Please read our PDF download special mid-quarter comment.

Core Strategy
Will Wurm
Will Wurm

PDF download Q3 2019 : Ongoing Tensions

Summary: As noted in our August update, markets will continue to pivot based on the prevailing viewpoint regarding a trade agreement. Other risks added to the front burner include the presidential impeachment effort, oil price shocks as Saudi Arabia and Iran hostilities escalate, and a messy Brexit outcome. Considering these uncertainties, risk appetite has been subdued and the equity indexes are range bound until they are resolved.

Past issues:     Aug 2019     Q2 2019     Q1 2019     Q4 2018     Q3 2018    

Municipal Fixed Income
Evan Slater
Stephen Steglitz



PDF download Q3 2019 : Municipal Market Update

Past issues:     Q2 2019     Q1 2019     Q4 2018     Q3 2018