Publications

Quarterly Newsletter

For a copy of the Investment Management Department’s recent newsletter, please click here:

January 28, 2020: 2019 Fourth Quarter Review (PDF).

October 7, 2019: 2019 Third Quarter Market Commentary (PDF).

August 14, 2019: Market Comment: Roller Coaster (PDF).

July 5, 2019: Second Quarter 2019 Review (PDF)

May 2, 2019: Generally Optimists, Worries by Nature (PDF)

March 6, 2019: Making Lemonade Out of Lemons (PDF)

December 19, 2018: Fourth Quarter 2018 Review (PDF).

October 16, 2018: Third Quarter 2018 Review (PDF)

July 18, 2018: Market Comment: Crossroads (PDF)

March 29, 2018: Market Comment: The Re-evaluation of Valuations (PDF)

January 31, 2018: Market Comment: Higher Yields (PDF)

December 8, 2017: Market Comment: Asset Prices & Inflation (PDF)

November 1, 2017: Don’t Fight The Tape (PDF)

August 11, 2017: Market Comment: Is this the return of Volatility? (PDF)

May 30, 2017: Market Rally: Can it continue? Looking to International Equities (PDF)

April 17, 2017: Tensions Rise: Holding for Now (PDF)

March 3, 2017: Washington D.C. and Tax Reform Continue to Drive Stock Prices (PDF)

January 3, 2017: Dow Approaching 20,000, Now What? (PDF)

November 9, 2016: Return to Fundamentals: Earnings and Multiples (PDF)

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