ACM Commentary 1Q 2021

ACM Commentary 1Q 2021 Download PDF With the arrival of March, we stumbled across the one-year anniversary of the COVID-19 related global lockdowns that resulted in the fastest and deepest contraction in the economy since WW II. There is much to celebrate this spring,...

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...