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Market Commentary – July 2024

Market Commentary – July 2024

Bigger Has Been Better U.S. stock market performance has been notably “narrow” so far in 2024. The S&P 500 Index of large capitalization stocks has been buoyed by strong business results from a small cohort of leading technology, communications, and consumer companies.  In contrast, small company stocks have been comparatively sluggish, reflecting more negative fallout…

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Market Commentary – April 2024

Broader is Better Equity markets ascended to record highs in the first quarter. Progress was broadly based, with most sectors rising, unlike 2023 when the market gain was dominated by a small cohort of technology stocks. This wider contribution is encouraging, because overly concentrated performance has often preceded stock market declines. The strength of the…

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