Market Thoughts for November 2021

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Brad McMillan, Commonwealth’s CIO, recaps the market and economic news for October. The markets saw a bounce last month. The Nasdaq and the S&P gained over 7 percent, and the Dow was up almost 6 percent. These results were driven by the stabilization of key economic data. Job growth declined in September, but a higher…

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Market Thoughts for October 2021

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Brad McMillan, Commonwealth’s CIO, recaps the market and economic news for September. It was a bad month for the markets. In the U.S., all three major indices were down. Developed markets dropped, and emerging markets did worst of all. These declines resulted from the weakening of the economic data, driven by the spread of the…

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Market Thoughts September 2021

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Brad McMillan, Commonwealth’s CIO, recaps the market and economic news for August. It was another very good month for the financial markets. In the U.S., both the Nasdaq and the S&P 500 showed material gains, while developed markets also did well. On the medical front, the virus continued its spread. There are signs that the…

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Market Thoughts August 2021

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Brad McMillan, Commonwealth’s CIO, recaps the market and economic news for July. It was a generally good month for the markets, with all three major U.S. indices up by more than 1 percent. But emerging markets were hit hard and ended the month down significantly. On the economic front, the data remains positive, although business…

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Market Thoughts July 2021

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Brad McMillan, Commonwealth’s CIO, recaps the market and economic news for June. It was a mixed month for the markets. In the U.S., the Nasdaq and the S&P 500 were up, but the Dow ticked down. We saw the same trend internationally, with developed markets falling even as emerging markets moved ahead. On the economic…

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Market Thoughts June 2021

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Brad McMillan, Commonwealth’s CIO, recaps the market and economic news for May. It was a mixed bag for the markets, with the Dow up more than 2 percent, the S&P 500 up slightly, and the Nasdaq down. On the medical front, case growth and death rates declined, and more than 4 of 10 people are…

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Market Thoughts May 2021

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Brad McMillan, Commonwealth’s CIO, recaps the market and economic news for April. It was a good month for the markets. The S&P 500 and Nasdaq gained more than 5 percent, while the Dow was up almost 3 percent. These returns were driven, in part, by the medical news, with new case counts, hospitalizations, and deaths…

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Market Thoughts April 2021

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Brad McMillan, Commonwealth’s CIO, recaps the market and economic news for March. We saw a strong end to a healthy first quarter for stock markets. Both the Dow and S&P 500 here in the U.S. showed gains, while developed markets abroad showed lower but still positive returns. We also had good news on the economic…

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