Quarterly Newsletter

/Quarterly Newsletter

January 2018 Market Update

In 2017, investors relished in solid economic growth, combined with abnormally high market returns, low unemployment and low market volatility. For the year, the S&P 500 increased 21.8% and the FTSE All World Ex-Us Index was up 24.40%. Investors watched as the Trump administration completed its first year in office, hurricanes ravaged parts of the [...]

By |2018-01-17T21:15:47+00:00January 12th, 2018|Market Update, Quarterly Newsletter|

Second Quarter Economic and Market Update

Overview The start to 2015 was characterized by modest returns and increased volatility across most capital markets. Headlines focused on low oil prices, a rising dollar, quantitative easing abroad, the humanitarian crises in the Middle East and Africa, and renewed fears of a Chinese slowdown. Undoubtedly, low oil prices have not only hit the energy [...]

By |2017-06-02T17:58:53+00:00April 30th, 2015|Quarterly Newsletter|

Preparing For More Tempered Returns as the Federal Reserve Ends the Quantitative Easing Program

As we enter the second half of 2014, we have a more tempered outlook on our market return assumptions. We feel volatility will increase as the Federal Reserve transitions from a provider of liquidity to a retractor of liquidity by ending their quantitative easing program and ultimately raising interest rates in 2015. While this may [...]

By |2017-06-02T17:58:54+00:00July 30th, 2014|Quarterly Newsletter|

First Quarter U.S. Stock Returns and Ongoing Fed Policy Changes Point To Continued Importance of Diversification

By: Tim Callan In this year’s first quarter, growth in the stock market slowed significantly. The S&P 500 rose just 1.8 percent over the past three months, following a year in which the S&P 500 rose more than 32 percent. Recently, the most common question we hear from investors is, “Is the stock market overvalued?” [...]

By |2014-06-05T21:02:51+00:00June 5th, 2014|Quarterly Newsletter|

Growing Global Economy and U.S. Market Corrections Create Opportunity for Investors

By: Trevor Callan Last week was another down week for Wall Street which led the U.S. stock market to its largest monthly loss in more than a year. After five straight years of stock market gains, many observers question whether the climb can continue in 2014. With the 2008 credit crisis still fresh in investors’ [...]

By |2014-02-21T17:08:04+00:00February 21st, 2014|Quarterly Newsletter|

Opportunities, Risks and the Fiscal Cliff

This has been a great year for risk assets such as stocks and mediocre for low risk assets such as treasury bonds and cash.  The S&P 500 is up 16% through the third quarter while the Barclays aggregate bond index is up only 4%.  Since the bull market in stocks started in in March 2009, [...]

By |2017-06-02T17:58:54+00:00November 21st, 2012|Quarterly Newsletter|

Callan Capital Q3 2012 Newsletter

Read Between the (Head)Lines By: Trevor Callan The elephant in the room right now is fiscal austerity, and not just for the U.S.  As U.S. policy makers grapple with impending tax hikes and budget cuts, European leaders are scrambling to save the Euro. Headline-driven investor behavior is nothing new, but cooler heads will look past [...]

By |2012-07-31T21:43:42+00:00July 31st, 2012|Quarterly Newsletter|

Callan Capital Q2 2012 Newsletter

By: Tim Callan  We are off to a great start in 2012 with the S&P up over 10% in the first quarter giving back only about 2.5% during the month of April.  The S&P is up 108% (120% if you include dividends) since it bottomed in March 2009. Opportunities During this period, many investors have [...]

By |2017-06-02T17:58:55+00:00May 1st, 2012|Quarterly Newsletter|

3 Critical Considerations to Ask in a Liquidity Event

A Liquidity Event Guide that covers pre, during, and post transaction.