by Erin M. Hay, CFA | Jun 17, 2020 | Invest My Wealth, Weekly Market Commentary
Schools may be closed, but it is finals week here at Monument. And here’s a computational nugget for the mathletes out there. You are probably familiar with averages. Three children. Ages 3, 5, and 9. Average age = 5.7 years. *Yawn* And you are probably familiar with...
by Erin M. Hay, CFA | Mar 19, 2020 | Weekly Market Commentary
“The sea was angry that day, my friends. Like an old man trying to return soup at a deli.” -George Costanza Replace “sea” with “market” and it kinda sums up the past three weeks, doesn’t it? On Monday, volatility surpassed levels seen in 2008 For the first time...
by Erin M. Hay, CFA | Feb 24, 2020 | Weekly Market Commentary
Most of the comments below were written on Friday the 21st, before the equity sell-off accelerated into the late afternoon. At present, the S&P is off ~3.0%, the 10-year treasury just hit 1.37% and the 30-year is at an all-time low of 1.83%. Gold is up, oil is...
by Erin M. Hay, CFA | Dec 16, 2019 | Weekly Market Commentary
As I wrote this on the afternoon of Friday the 13th, the S&P 500 sat near the cusp of yet another all-time high, driven by…what else…rumors that the December 15th tariff deadline could pass without any tariffs being assessed. U.K. election results are also driving...
by Erin M. Hay, CFA | Dec 9, 2019 | Weekly Market Commentary
I don’t have any one topic I want to cover today. There were a lot of big macro data points last week, and a lot of great reads. Think of today’s post as some delicious Thanksgiving leftovers, so let’s eat. My last post was on an investment in our Strategic Income...
