by David Cleary, CFA | Apr 1, 2021 | Commentary
A casual observer of economics and markets could look at the first quarter of 2021 and remark that it was a very solid period with the S&P 500 rising 6% as the vaccines for COVID-19 are effectively being rolled out and the US economy has continued to re-open and...
by David Cleary, CFA | Jan 1, 2021 | Commentary
It goes without saying that 2020 was a historic year. The COVID-19 crisis which increasingly swept the world, had a dramatic impact across all aspects of society and life including economic life; resulting in the most bewildering and astonishing year reflected in the...
by David Cleary, CFA | Nov 1, 2020 | Commentary
Although the presidential election results are not entirely conclusive, the American people have spoken and more so than anything else the election has proven that United States remains a centrist nation and investment markets have cheered that outcome. As of this...
by David Cleary, CFA | Oct 1, 2020 | Commentary
A very successful competitor asset manager in Boston famously produces a periodic report where they forecast expected real returns of various asset classes for the subsequent seven years. This report is often cited in the financial press and is held by many to be the...
by David Cleary, CFA | Jul 1, 2020 | Commentary
Since March, the US stock market has enjoyed a 20% bounce from its bottom seemingly on the vague promise that the US economy was going to re-open and life would resume somewhat normally. To a subset of investors, the notion of recovery has seemed preposterous as the...
