Archive for April 2023

As we head into the May trading period, our thoughts go to the adage “Sell in May, Go Away.” Looking at S&P 500 returns during the month of May since 1994, stocks have gained 73% of the time with an average return of 0.76% for the one-month return. The average annual S&P return over the…

Financial Sector Update The big news during the month of March was the failure of Silicon Valley Bank (SVB), which brought the financial stability of banks into sharp focus and resulted in a sharp sell-off in stocks throughout the sector. How did this happen? Very briefly, the pandemic, with the ensuing monetary and fiscal policy…