PSB Portfolio Updates
PSB Portfolio Update March 2014
March 20, 2014 How Will Geopolitical Risk Impact The Markets? Equities markets have recovered nicely, but there’s still quite a bit of risk on the table. The S&P 500 is up around 1.3% from this time last month but the general trend continues to be upward. The big news, of course, is Russia’s annexation of […]
PSB Portfolio Update February 2014
February 20, 2014 Has The Market Stabilized? Stocks gave us quite the scare in early February, with a 5% “correction”. Since then, the major indices have regained most of their ground and volatility has come off substantially. The problems started with poor economic performance in emerging markets. And, they were helped by awful weather in […]
PSB Portfolio Update January 2014
January 16, 2014 What’s In Store For 2014? The stock market has seen very little volatility to date in 2014. So far, the major indices are basically flat on the year. However, there’s plenty of big news ahead. For one, earnings season has just begun. This week the focus was mostly on financial stocks. Starting […]
PSB Portfolio Update December 2013
December 19, 2013 The Taper Has Arrived The question of the quarter has finally been answered – the Fed will in fact begin tapering back its bond purchases at the start of 2014. The massive $85 billion in monthly Treasuries and MBS purchases will be scaled back to… $75 billion. Yep. That’s the extent of […]
PSB Portfolio Update November 2013
November 21, 2013 Fed Watching After the volatile month of October (due to the political mess), it’s nice to see November so far has been a relatively calm month. Earnings season is mostly over and equities have generally done well. Since our last update a month ago, the S&P 500 has gained roughly 2%. But, […]
PSB Portfolio Update October 2013
October 17, 2013 Crisis Averted – For Now Well, it’s been an eventful past few weeks. The government was in shutdown for 16 days. And, today we would have officially reached the US debt limit. Fortunately, Washington got its act together just in time to agree on a deal to reopen the government and raise […]
PSB Portfolio Update September 2013
September 19, 2013 Is This The Calm Before The Storm? With everything that was supposed to happen in September, you may have expected a lot of volatility in the financial markets. But it turns out, it’s been surprisingly and relatively calm. You see, September is historically known as an active month for the markets. On […]
PSB Portfolio Update August 2013
August 15, 2013 What’s Next For The Market? Well, it’s something of a surprise, but it’s been a pretty uneventful month in terms of the financial markets. Now, the summer is usually slow. But, it seemed like this could have been a busier period than usual. Nevertheless, stocks have done very little over the past […]
PSB Portfolio Update July 2013
July 18, 2013 Are The Bulls In Control? Last month, we wondered whether volatility had peaked in the wake of Bernanke’s tapering comments. Well, that certainly appears to be the case – at least in the short-term. Since last month’s update, volatility levels have fallen back down to bull market levels. In fact, the VIX […]
PSB Portfolio Update June 2013
June 20, 2013 Has Volatility Peaked? We’re seeing a pretty big selloff in stocks after Bernanke’s comments yesterday. The Fed is expecting to taper its bond buying program towards the end of the year – and investors are apparently already missing the stimulus. The pullback really doesn’t make a whole lot of sense – considering […]
