Blog - Collaborative Wealth

When is Overbought Bullish?

February 22, 2019

What more can we say about the amazing rebound of the stock market since December 24? For the first time since 1997, the S&P 500 Index is up more than 10% for the year through this point in February. Of course, it was the worst December for stocks since the Great Depression—making a larger bounce possible—but the rebound over the past two months has been historic.

More Good News

February 21, 2019

As this week’s Weekly Market Commentary suggested, over the near term equities appear quite stretched, but all we continue to think the bull market has plenty of life left. Today, we’ll take a look at market breadth—one of our favorite technical indicators—to explore whether it may be pointing to better times ahead for equities.

Trimming Our 2019 GDP Forecast

February 20, 2019

Economic data have consistently missed expectations recently as investors and Wall Street have struggled to quantify the impact of global trade and political risks.

Changing Our 10-Year Yield Forecast

February 19, 2019

Economic growth could be lower than we initially expected this year, which could weigh on long-term rates.

Weekly Economic Commentary | February 19, 2019

February 19, 2019

2019 has been a busy year so far. The United States has weathered a 35-day government shutdown, global data have deteriorated further, trade headlines continue to dominate the news, and the Federal Reserve (Fed) has made a significant U-turn in monetary policy plans, all on top of the sharp market selloff in late 2018.

Weekly Market Commentary | February 19, 2019

February 19, 2019

The rally continues, as the S&P 500 Index gained for the seventh week out of the past eight, while the Dow Jones Industrial Average, Russell 2000 Index, and Nasdaq all closed higher for the eighth consecutive week. Sparking the rally this week were Washington striking a deal to avoid another government shutdown and hopes that President Trump might push back the March 1 deadline on higher tariffs on Chinese goods.