ACM Commentary 3Q 2020

ACM Commentary 3Q 2020 Download PDF Though it is already well in the rearview mirror, the third quarter saw a continuation of the market’s dramatic recovery from the Covid-19 pandemic. Thus far, this trend has continued into the 4th quarter. Through the end of...

ACM Commentary 1Q 2020

ACM Commentary 1Q 2020 MARKET COMMENTARY It is hard to fathom that just 6 weeks ago, on February 19th, the U.S. stock market reached an all-time high when S&P closed at a record 3,386. Of course, a lot has transpired in the weeks since, leaving most of us...

ACM Commentary 3Q 2019

ACM Commentary 3Q 2019 Download PDF MARKET COMMENTARY Despite plenty of headline risk and relative uncertainty, the market and asset classes of all kinds continued their upward march in 2019. The chart below depicts the performance of various asset classes across the...

ACM Commentary 1Q 2019

ACM Commentary 1Q 2019 Download PDF MARKET COMMENTARY The U.S. equity markets came roaring back in the first quarter of 2019, shaking off the 4th quarter hangover from last year, due to weakening global fundamentals and decreasing U.S. corporate earnings. In fact, the...

ACM Commentary 3Q 2018

ACM Commentary 3Q 2018 Download PDF With sustained good earnings fundamentals, the market continued to digest a multitude of fears and marched higher in the 3rd quarter. The S&P achieved a 7.7% return in the quarter and was up over 10.6% on the year. However, as...