25 Jan 2024

4th Quarter Charts 2023

Market Review Aided by a powerful year-end rally, U.S. stocks (S&P 500 Index) jumped nearly 12% in Q4 to finish up 26% for the year, and end within a whisper of its all-time high. Smaller-cap stocks (Russell 2000 Index), which lagged their larger counterparts for most of the year, also rallied sharply in the fourth […]

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25 Jan 2024

4th Quarter Newsletter 2023

Market Recap What a difference a year makes. In 2022, high inflation and the Fed’s commitment to tame it, led to sharply rising interest rates and negative returns for both stocks and bonds. In 2023, much to the surprise of many forecasters, global stock and bond markets ignored widespread expectations that we were headed for […]

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25 Jan 2024

4th Quarter 2023 | Outlook for the US Economy by Dr. Ray Perryman

By M. Ray Perryman, PhD, CEO and President – The Perryman Group Overview Outlook for the US Economy – 4th  Quarter 2023 By M. Ray Perryman, PhD, CEO and President The Perryman Group Employment The United States economy added almost 2.9 million net new jobs during the twelve-month period ending December 2023 for an annual employment […]

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18 Oct 2023

3rd Quarter Charts 2023

Market Review The S&P 500 reached a 2023 high at the end of July, but from its intra-quarter high the index declined 6.3% through the end of September. Smaller-cap stocks (Russell 2000) also had momentum early in the quarter but changed course and ended the quarter down 5.1%. Within foreign markets, developed international stocks (MSCI […]

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17 Oct 2023

3rd Quarter 2023 | Outlook for the US Economy by Dr. Ray Perryman

By M. Ray Perryman, PhD, CEO and President – The Perryman Group Overview Outlook for the US Economy – 3rd  Quarter 2023 By M. Ray Perryman, PhD, CEO and President The Perryman Group Inflation/Interest Rates The Federal Reserve has been taking action to slow inflation, including raising interest rates at a historically rapid pace. Even though […]

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17 Oct 2023

3rd Quarter Newsletter 2023

Market Recap The U.S. stock market reached a 2023 high at the end of July before selling off 7.5% through August and September to finish the quarter down 3.3%. Year-to-date the market still remains up a solid 13%. Smaller-cap stocks also had momentum early in the quarter but changed course and ended the quarter down […]

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25 Jul 2023

2nd Quarter Newsletter 2023

Market Recap Global equities continued to rally in the second quarter, led by surging U.S. mega-cap technology stocks, particularly anything related to Artificial Intelligence (AI). Domestic stocks gained 6.6% in June and 8.7% in the second quarter, driving its year-to-date return to 16.9% overall. Outside the U.S., developed international stocks are up 11.7% for the […]

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15 May 2023

1st Quarter Newsletter 2023

Market Recap Despite the stress in the banking system, including the failure of Silicon Valley Bank, global equity markets held up remarkably well and posted solid returns for the quarter. The domestic stock market gained 7.5% in the first quarter. Developed international stocks did a bit better, rising 8.5% for the quarter and emerging markets […]

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15 May 2023

1st Quarter 2023 | Outlook for the US Economy by Dr. Ray Perryman

By M. Ray Perryman, PhD, CEO and President – The Perryman Group Overview Outlook for the US Economy – 1st  Quarter 2023 By M. Ray Perryman, PhD, CEO and President The Perryman Group Employment The United States economy gained 4,349,000 net new jobs over the twelve-month period ending February 2023 for an annual employment growth […]

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26 Apr 2023

1st Quarter Charts 2023

Market Review Despite the stress in the banking system, including the second-largest bank failure in U.S. history (Silicon Valley Bank), global equity markets held up remarkably well in March and posted solid returns for the quarter. The S&P 500 gained 7.5% in the quarter, while developed international stocks did a bit better, up 8.5%; emerging […]

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