2015 4th Quarter Commentary

Overview Last year marked the end of a multi-year winning streak for most major equity indices and a divergence in the fixed income markets. 2015 broke a string of three straight years of double digit gains in stocks and it was the weakest showing since 2011 for the S&P 500. This last quarter was also historic in that the Federal Reserve, after years of zero interest rate policy, finally raised short term rates by 0.25%.  The final results do not tell the full story for 2015 where many sectors [...]

2015 4th Quarter Commentary 2017-03-18T15:35:32+00:00