Economic & Market Update

The impact of the coronavirus has made for some heart-racing moments in financial markets over the last couple of weeks. But let’s take a quick step back for perspective. Investors greeted the new year with a surge in optimism due to the “Phase One” U.S.-China trade deal, falling Mideast tensions, a strong jobs report, and… Read more »

Market Update – S&P 500 in Correction Territory

In a recent round of investor risk aversion, the S&P 500 logged its worst weekly decline since the Great Financial Crisis. The market has officially entered correction territory (10+% decline) as the worldwide spread of the coronavirus has stoked investor fears that economic growth and profits will take a substantial blow in the quarters ahead. This… Read more »

Virus Uncertainty Impacts Markets

Financial markets experienced their sharpest decline in over two years yesterday, with the S&P 500 and oil prices falling 3.4% and 3.8%, respectively.  Meanwhile, 10-year U.S. government bond yields fell to their lowest level since 2016 and the price of another safe-haven asset, gold, reached a seven-year high. The cause for the short-term correction appears… Read more »

Market Update

What a difference a year makes! Entering 2019, investors were fearful of slowing earnings, a fairly brutal 4th quarter market sell-off, and a Federal Reserve that had been hiking interest rates while oblivious to slowing economic conditions. An escalation of trade tensions with China, the world’s second-largest economy, combined with Britain’s potential exit from the… Read more »

Economic & Market Update

Entering the back half of November, it is clear that investor bullishness has returned to financial markets as U.S. equities logged their sixth straight weekly gain. While it’s painful to not be “all-in” on stocks while the market racks up gains so quickly (U.S. stocks are up +8% from their October lows), recall just a… Read more »

Quarter End Recap

Despite a serious bout of market turbulence and an inversion of the yield curve, stocks held onto their best year-to-date gains in over two decades during the 3rd quarter. Lower interest rates supported modest gains for many asset classes – even as weakness in global manufacturing spilled into the U.S. Some of this weaker data… Read more »

Economic & Market Update

After a brief lull in market activity, stock volatility returned with a vengeance last week as equity markets finished with their worst five-day performance since last December. Monday’s market drop made it six days in a row with losses, and many investors are rightfully scratching their heads wondering what could have changed so much over… Read more »

Market Update: Central Banks Take Center Stage

Last year was characterized by central banks raising interest rates and tightening liquidity which caused essentially all asset classes to decline. As promises of rate increases have dramatically shifted to expectations of rate cuts this year, virtually all asset classes have reversed course. Stocks, bonds, and commodities have all rallied, making this year the opposite… Read more »

Special JNBA Update: Tariffs and Trade Tensions

To view this update, click on the play button above. If you have any questions, please contact your Advisory Team.   Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions.  Moreover, you should not assume that any discussion or information contained… Read more »