TCM Market Outlook and Strategy - April 5, 2024

Stephen M. Mills, CIMA®PartnerChief Investment Strategist    The performance of the U.S. stock market has been nothing short of remarkable for the past five months as March marked the fifth consecutive month that the U.S. stock market recorded a positive gain, as measured by the S&P 500 Index.1  Since 1950, there have only been 30 instances where...... More

TCM Market Outlook and Strategy - October 6, 2023

Stephen M. Mills, CIMA® PartnerChief Investment StrategistBrad Bays, CIMA®    PartnerPIM Portfolio ManagerHighlights: The stock market rebounded from prior year losses in the first 3 quarters of 2023.  The U.S. economy continues to show moderate but slowing growth led by consumer spending and a strong labor market.  The rate of inflation in the U.S. continues to...... More

TCM Market Update - July 14, 2023

The new year brought a more positive tone to the global financial markets as major stock and bond markets recorded gains through the first half of 2023. The Dow Jones Industrial Average (DJIA) posted a year-to-date total return 4.8% through June 30, while the broader-based S&P 500 Index (S&P 500) rebounded from its 20% loss in 2022 to notch an impressive total return of 16.9% over the same time period. As we will discuss in the section on Equities, the strong performance of the S&P 500 was led primarily by a handful of large company growth stocks.... More

TCM Market Update - April 21, 2023

Stephen M. Mills, CIMA®PartnerChief Investment StrategistBrad Bays, CIMA®   PartnerPIM Portfolio ManagerHighlights: Fears of a banking crisis in the U.S. economy led to higher-than-normal volatility in the financial markets in the first quarter. The Federal Reserve may be soon approaching the point when they will pause interest rate hikes.  Inflation pressures in the economy continue to subside....... More

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