Commentary – Page 29 – Beacon Wealth Advisors, LLC

02 Jun

Was that the Low?

Thursday, June 2, 2022 Stocks rallied hard last week, as the S&P 500 Index broke a seven week losing streak in resounding fashion; its 6.6% gain was the best since November 2020. That strong response from equities, following one of … Continue reading →

01 Jun

Munis Offer Compelling Relative Value Over Corporate Credit

Wednesday, June 1, 2022 The national municipal market has been under the same price pressures as the fixed coupon taxable markets this year as markets have aggressively repriced faster interest rate hikes from the Federal Reserve (Fed). Adding to these … Continue reading →

31 May

Will There Be A June Swoon? Maybe, But Maybe Not

Tuesday, May 31, 2022 After a late month rally, we can say goodbye to the month of May, which now opens the door to June. Here’s the bad news, June is historically a weak month and it is actually the … Continue reading →

27 May

Weekly Market Performance – Markets Rally Ahead of Holiday Weekend

Friday, May 27, 2022 Index Performance Data is as of 1:30 PM View enlarged chart. U.S. and International Equities U.S. Markets Finish Lower The U.S. major market indexes finished solidly higher this week, reversing seven-straight weekly declines. This week ended … Continue reading →

27 May

Savings Rate Falls As Inflation Takes A Bite

Friday, May 27, 2022 Savings Rate Falls As Inflation Takes A Bite The latest personal income and spending data from the Bureau of Economic Analysis show that part of the driver of spending growth in April was from savings. Another … Continue reading →

26 May

One Of The Worst Starts Ever After 100 Days, But There Is Hope

Thursday, May 26, 2022 Yesterday was the 100th trading day of the year for 2022 and although stocks managed to gain about 1%, it was still the worst start to a year since 1970 for the S&P 500 Index. In … Continue reading →

25 May

Difficult Outlook for Consumer Discretionary

Wednesday, May 25, 2022 While the S&P 500 Index has not yet fallen into bear market territory (a decline of more than 20% based on closing prices), there are a number of areas of the market that have already endured … Continue reading →

24 May

How Do Bonds Perform During and After Equity Bear Markets?

Tuesday, May 24, 2022 The S&P 500 Index briefly touched bear market territory (down 20% from peak) intraday on Friday, May 20. While much will continue to be said about where equities are headed, what about bonds? How have bonds … Continue reading →

23 May

What Happens After A Bear Market Starts? Four Things To Know

Monday, May 23, 2022 “Life is like riding a bicycle. To keep your balance, you must keep moving.” – Albert Einstein The S&P 500 Index was down more than 20% on an intraday basis on Friday, but managed a huge … Continue reading →

20 May

Weekly Market Performance – S&P 500 Nears Bear Market Territory After Seventh Straight Weekly Decline

Friday, May 20, 2022 Index Performance View enlarged chart. U.S. and International Equities U.S. Markets Finish Lower The U.S. major market indexes finished lower for the seventh straight week, the longest such streak in over ten years as the S&P … Continue reading →

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