Looking Back Hockey legend Wayne Gretzky memorably said, “I skate to where the puck is going, not to where it has been.” A year ago, stock markets were in freefall in the early days of the pandemic. Bartlett expected a forceful combination of monetary and fiscal policies would prevent a prolonged economic tailspin. Visualizing a…

Wall Street endured a wild ride last week. The highlight was shares of GameStop (GME) jumping more than 400% as coordinated retail investor buying prompted panicked short-covering by hedge funds. Many hedge funds suffered spectacular losses as a result. It seems fitting (and a humorous irony) that the small investors who savaged the elites used…

Continuing Improvement Despite some weakness in September, U.S. and foreign equity markets posted solidly positive returns for the third quarter. Stocks were buoyed by continuing economic recovery and low interest rates. While the market rebound from the March 23rd low has been broadly based, U.S. large capitalization stocks have certainly been in the vanguard. As…

Rising Markets and Pervasive Worries As of midyear, equity markets have rebounded by almost 40% from lows reached in March, with U.S. “blue chip” stocks in the vanguard of performance. This resurgence means larger company benchmarks are only 4% below levels that prevailed at the outset of the year, while indexes of smaller company stocks…

The Bartlett Wealth Management team offered a “Steady and Ready” approach to anticipating and managing economic trends in 2020 during our annual Market Outlook presentations delivered in both Cincinnati and Chicago earlier this year. After a chaotic end to 2018 and an exceptional 2019, the phrase, “Steady and Ready” emphasizes Bartlett’s diligent efforts to tune…