COVID-19 Ends 10 Year Expansion

The longest economic expansion in U.S. history came to a brutal end in February after persevering for more than 10 years. Its end came as a result of a self-inflicted, massive shut down of businesses and consumer mobility to thwart the COVID-19 global viral pandemic. Engineered by the federal and state governments to protect the [...]

By |2020-04-17T15:57:43-05:00April 15th, 2020|GIM Market Commentary|

Volatile Markets but a Positive Outlook

The U.S. stock market ended the final quarter of 2018 with a sell-off of historic proportions. The decline was swift and sent the S&P 500 Index down 14% lower than where it began the quarter. December’s performance was notably the worst on record since 1931. It was an exclamation point to the worst calendar year [...]

By |2020-04-17T15:58:37-05:00January 15th, 2019|GIM Market Commentary|

Volatility is Back

If you were one of those people beginning to wonder if market volatility was gone to stay, well, think again. On Monday, February 5, the Dow Jones Industrials Average saw its greatest intraday point drop ever, falling 1,597 points from its high before closing 1,175 points lower. It was the biggest drop in more than [...]

By |2018-02-09T13:21:05-06:00February 9th, 2018|GIM Market Commentary|

Is it Time to De-Risk Your Portfolio?

The market continues to grind higher since the election. From the day of the election through July 31, 2017, the S&P 500 Index is up more than 17%, the Dow Jones Industrial Average has advanced 21%, and the NASDAQ Composite is 23% higher. Optimism over the pro-business Trump agenda seems to be the catalyst for [...]

By |2018-01-31T12:41:05-06:00August 1st, 2017|GIM Market Commentary|

Nice Advance, But Where Do We Go From Here?

Executive Summary: Optimism is running high because of the pro-business reforms the Trump Administration has on its agenda. The stock market has been on a tear since the election and a global synchronized improvement in economic strength is helping to fuel the gains. Further near-term upside in the U.S. stock market may hinge on progress [...]

By |2018-01-31T12:15:54-06:00March 22nd, 2017|GIM Market Commentary|

Are Long Term Treasury Yields at a Turning Point?

The Federal Reserve left rates unchanged yet again last Wednesday. Fed Chair Janet Yellen explained that overall economic trends remain favorable and strengthen the case for tightening. But she also noted the economy’s slow growth rate gives the Fed a little room to let the economy run a bit further before any risk of excessive [...]

By |2017-02-10T08:40:56-06:00September 27th, 2016|GIM Market Commentary|

It’s Brexit With A Twist

Stocks high... bond yields low... what's next? The first half of 2016 is behind us. Where does the time go! And it’s been three weeks since a surprising vote by the UK to exit the European Union. This historic decision caught most by surprise. As with many unexpected events, markets reacted with volatility and weaker [...]

By |2017-02-13T11:22:04-06:00July 15th, 2016|GIM Market Commentary|

Will it be Brexit, or another Dodged Bullet?

Last month I spoke of the disappointingly slow economic growth the US experienced in the first quarter of 2016, along with a stall in corporate earnings. The good news is that since then the first quarter growth rate has been revised upward—from 0.5% to 0.8%. Our GDP cup runneth over! Seriously though, the better news [...]

By |2017-02-10T08:40:57-06:00June 20th, 2016|GIM Market Commentary|