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...

ACM Commentary 1Q 2018

ACM Commentary 1Q 2018 Download PDF SUMMARY In our past writings have we discussed the critical benefit of a long-term investment time horizon for investors. We pointed out that though stock market volatility can be considerable in any given year, it is smoothed out...

ACM Commentary 1Q 2017

ACM Commentary 1Q 2017 Download PDF MARKET SUMMARY In the first quarter of 2017 the market continued to reward investors. The bull market, now stretches into its 9-year bull run, with the S&P achieving a 6% gain in the quarter. In a reflection of an improving...