Year-End 2023 Review | 2024 Outlook
Equity and fixed income markets rebounded from the sharp correction in 2022.
Investment Update Q3 | 2023
We begin this letter by expressing our profound shock and sadness at the appalling acts of terrorism perpetrated by Hamas against the State of Israel and its people.
Investment Update Q2 | 23
Equity markets continued their upward trajectory during the second quarter with risk assets outperforming.
Investment Update Q1 | 23
Following a year of broad-based declines across virtually every asset class, equity and fixed income markets recovered in the Q1 with the S&P 500 Index advancing 7.5% and bonds rising close to 3.0%.
Fixed Income In Focus
Over the past year, the Federal Reserve has aggressively raised interest rates, reversing a four decade bull market in bonds.
Year-end Review and 2023 Outlook
The old adage “don’t fight the Fed” was never more apt than in 2022, a year of stunningly bad performance across virtually every asset class. Equities fell nearly 20% while bonds, normally a safe haven, turned in their worst performance in over 50 years.
Rates…Rats!
Recent market action has been unsettled, an environment requiring a steady hand and disciplined management. At Roanoke, we believe in the power of the American system to support innovation leading to improved efficiency, higher labor productivity and ultimately sustained economic growth in the long-run and get excited when we’re able to add long-term winners to your portfolio during times of heightened trepidation.
Q2 Review: All About E(arnings)
After posting new closing highs in late 2021 and the first trading day of 2022, equities fell sharply during the first half of 2022 with the S&P 500® dropping nearly 21% and the tech-heavy NASDAQ composite falling 29%. This was the worst first half stock market performance in over 50 years.
Thoughts on Global Conflict
Like many around the world, we have watched with growing revulsion the tragedy unfolding in Ukraine and we extend our sympathy to those affected. The eruption of an aggressive land war in Europe had been unthinkable in the post-Cold War era….
Year-End Review and Outlook
We begin our look back at 2021 with the sincere hope that you, your family, friends and extended networks have been safe and sound during this period of extended tumult. We are grateful for the trust you have placed in us as steward of your financial well-being. We hope to earn your continued confidence by making smart investment decisions that preserve and extend wealth and by being available to provide advice and counsel whenever needed. We are constructive on market prospects for the coming year
Light At the End of The Tunnel. Stay Bullish.
The combination of coordinated easing and fiscal stimulus drives a powerful recovery that’s here to stay
COVID Shocks. We’re Bullish.
Fears of COVID-driven economic dislocation have elevated risk aversion, producing a favorable risk-reward outlook and supporting our bullish stance.