21 Jan 2023

4th Quarter Newsletter 2022

Market Recap An extremely difficult year in the financial markets ended with a thud for U.S. stocks. Following a solid early fourth quarter rally, domestic stocks slumped in December and closed out the year with an 18.1% loss, its largest annual decline since 2008. Developed international stocks were down 14.5%, while emerging market stocks were […]

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20 Jan 2023

4th Quarter 2022 | 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 2022 By M. Ray Perryman, PhD, CEO and President The Perryman Group Employment The United States economy gained 4,419,000 net new jobs over the twelve-month period ending December 2022 for an annual employment growth […]

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25 Oct 2022

3rd Quarter Newsletter 2022

Market Recap After a very difficult first half of the year, equity markets rebounded in July and August on investor hopes of an easing in inflation and a Fed pivot or pause. The reprieve was short-lived however, as stocks tumbled to fresh lows in late September amid further aggressive central bank rate hikes and statements […]

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25 Oct 2022

3rd Quarter Charts 2022

Market Review After a very difficult first half of the year, equity markets rebounded in July and August on investor hopes of an easing in inflation and a Fed pivot or pause. The reprieve was short-lived however, as stocks tumbled to fresh lows in late September amid further aggressive central bank rate hikes and statements […]

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22 Jul 2022

2nd Quarter Charts 2022

Market Review It’s been an extremely difficult year for investors, with equity markets falling into bear market territory (down more than 20%) and “low-risk” bond markets registering low double-digit losses. Over the past few months, the economic backdrop has worsened with sustained high inflation and slowing growth, as the Federal Reserve and other global central […]

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21 Jul 2022

2nd Quarter 2022 | Outlook for the US Economy by Dr. Ray Perryman

By M. Ray Perryman, PhD, CEO and President – The Perryman Group Overview The United States economy gained 6,469,000 net new jobs over the twelve-month period ending May 2022 for an annual employment growth rate of 4.45%. Over the past year, the arts, entertainment, recreation, accommodation, and food services industries featured both the largest job […]

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21 Jul 2022

2nd Quarter Newsletter 2022

Market Recap Over the past few months, the economic backdrop has worsened with sustained high inflation, slowing growth, a tightening Federal Reserve, the continued Russian war on Ukraine, China’s zero-COVID lockdowns….and so on! Given that economic back drop, the stock and bond markets have reflected those challenges with some of the worst starts to a year […]

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18 Apr 2022

1st Quarter 2022 | Outlook for the US Economy by Dr. Ray Perryman

By M. Ray Perryman, PhD, CEO and President – The Perryman Group Overview  The United States economy gained 6,838,000 net new jobs over the twelve-month period ending February 2022 for an annual employment growth rate of 4.81%. Over the past year, the leisure and hospitality industries featured both the largest job gains (2,179,700 net new […]

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18 Apr 2022

1st Quarter Newsletter 2022

Market Recap A lot has happened since our year-end letter, with the biggest macro event being Russia’s brutal invasion of Ukraine. While the human impact has been devastating and tragic, our job here is to focus here on the economic and financial market impact of this event…..and it was a rough first quarter across the […]

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17 Apr 2022

1st Quarter Charts 2022

Q1 2022 Was a Historically Challenging Period for Stocks and Bonds Global stocks and US core bonds are both down year to date as markets digest higher inflation, rising interest rates, and geopolitical uncertainty As we’ve discussed for some time, rising inflation and rising interest rates creates challenges for both stocks and bonds, and in […]

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