December Monthly Market Commentary

Trade news primarily drove market sentiment as 2019 came to a close. Progress towards a “Phase 1” trade agreement with China continued with both countries signing the accord in January. At its December meeting, the Fed reiterated its stance that monetary policy was...

November Monthly Market Commentary

The U.S. and China continued to make progress towards a “Phase 1” trade agreement. Most developed economy central banks, including the Federal Reserve (Fed), were on the sidelines in November. Risks assets performed well in November with equity markets touching new...


The 10-year Treasury yield peaked at 2.60% early in the quarter before plunging to 2.01% at the end of June.