Oarsman Outlook: October 2020

The July-September quarter saw continued strong results from nearly all categories of financial investments.  Large-company U.S. stocks advanced between 7% and 9%; small-caps lagged with a gain of around 3%.  Outside the U.S., developed-market returns averaged about...

Oarsman Outlook: July 2020

The first half of 2020 will be remembered as one of the most remarkable investment periods in history.  Following gut-wrenching plunges of 35% or more in a matter of weeks beginning in late February, nearly all asset categories staged equally astonishing recoveries...

Oarsman Outlook: April 2020

Pandemic 2020: One Month In The COVID-19 pandemic, an archetypal “black swan” event, has upended the global economy and financial markets (not to mention our daily lives). As the implications of the crisis came into focus in late February, swaths of the financial...

Oarsman Outlook: January 2020

The final three months of 2019 featured robust results from nearly all investment categories.  The advance was paced by 8% to 10% gains by both large- and small-company U.S. stocks.  Overseas, developed and frontier markets rose a bit less, though the emerging-market...

The Oarsman Outlook: October 2019

Summer saw modest advances by major investment categories, adding to already substantial year-to-date gains.  Large-company U.S. stocks gained around 2%, though small-caps declined by a similar amount.  Many overseas markets posted modestly positive results in local...

The Oarsman Outlook: July 2019

Nearly all financial investments provided solidly positive results during the April-June period, adding to a strong and broad-based early-year advance.  Both large-company U.S. stocks and developed-market overseas equities advanced around 4% on the quarter;...