Southport Market Commentary

Equity markets remained on solid footing as the first half of the year came to a close. After a strong first quarter, markets turned jittery in May, but came back solidly in June. Last month’s rebound was and continues to be driven by the hope of two events: The...

With a healthier outlook for global growth, the Fed pause on interest rate hikes, and earnings being a bit better than expected, global equity prices continued moving higher in April. Bond returns were little changed as inflation data continue to be well contained.The...

U.S. equity prices continued to move higher in February, furthering the market rebound from the December sell‐off. International stocks also climbed higher, though to a slightly lesser degree. Interest rates ticked a bit higher which muted bond returns, though higher...

As 2018 wound down, the fourth quarter certainly reminded us that markets don’t always go up in a straight line. Volatility returned to the markets as equities, fixed income, and commodities gyrated uncomfortably. 2018 was one of those rare years during which both...

Equity prices remained volatile and mostly negative throughout November, continuing the October correction, but rebounded to finish slightly positive for the month. International stocks also rose slightly, but continue to lag domestic markets for the year. Bond prices...

Equities across the board took a hit in October as strong earnings and continued positive economic data did nothing to quell the downward pressure. International stocks fared no better, and most bond indexes also were negative as interest rates ticked upward. On...

Venturing a bit off the beaten path, I’m writing this letter in Bigfork, Montana. We have a satellite office here and I came up for a long weekend to visit some folks and take in the scenery. It’s very peaceful up here and it’s nice to get away from all of the...

U.S. equities were positive in August as strong earnings and better-than-expected economic growth helped move stocks higher. Overseas markets were slightly negative and continue to lag U.S. markets this year. Bond yields will continue to bounce around as stronger...

Global equity markets moved higher in July, fueled by higher earnings and strong economic growth. Bond yields rose a bit causing the typical bond index to be slightly negative. Yields will continue to bounce around as stronger economic data keeps the Fed on course to...

The markets continued a pattern of muted returns over the past 3 months in spite of strong economic and earnings news. U.S. equity markets were slightly up, while most international markets were down. Bond returns continued to disappoint as most bond averages remain...