News and commentory VIEW MORE + Cary Street Partners Among CityWire’s 50 Growers Across America 2024 | Cary Street Partners Cary Street Partners was named as the second fastest growing firm in the state of Virginia among CityWire’s 50 Growers Across America 2024. “CEO Joseph... VIEW MORE + Asset Management Viewpoints: Volatility Spike | Cary Street Partners Chief Market Strategist Tom Herrick deconstructs the latest volatility spike, identifying the culprits, outlook and positioning recommendations. VIEW MORE + Virginia Beach Connections 2Q 2024 | Cary Street Partners The S&P 500, often referred to as "The Market" due to its broad representation of the U.S. economy, extended its winning streak, posting a gain of 4.38% for the quarter and 15.28% year-to-date.1 This rise was largely driven by the surge in momentum stocks and Artificial Intelligence (AI) in particular. VIEW MORE + Street SMARTS: August Commentary 2024 | Cary Street Partners Chief Market Strategist Tom Herrick analyzes the recent market trends and potential impacts of upcoming rate cuts on different sectors and market caps. VIEW MORE + Ian A. Holder Named to AdvisorHub’s List of 2024 Advisors to Watch | Cary Street Partners Ian A. Holder in our Virginia Beach, VA office has been named to AdvisorHub’s list of 2024 100 Next Gen Advisors. These 100 Next Gen advisors are the largest... VIEW MORE + Cary Street Partners Recognized in Financial Advisor Magazine 2024 Top RIA Ranking | Cary Street Partners Cary Street Partners ranked among the top registered investment advisors in the $1 billion and over category of Financial Advisor Magazine’s 2024 RIA Ranking... VIEW MORE + Street SMARTS: Q2 Commentary 2024 | Cary Street Partners An analysis of the second quarter market performance highlights the concentrated gains in equities, emphasizing the importance of broader participation for... VIEW MORE + Street SMARTS: June Commentary 2024 | Cary Street Partners Discover the latest insights into the May market rebound, the impact of strong earnings on risk assets, and the trends in bond market volatility in this... VIEW MORE + Street SMARTS: May Commentary 2024 | Cary Street Partners Among equity pullbacks and yield pressure, what is the group to watch? Find out in Tom Herrick's May Commentary of Street SMARTS. VIEW MORE + Asset Management Viewpoints: Another Chance to Bite into Bonds | Cary Street Partners We have been here before. The back-up in yields since the onset of 2024 is giving investors another opportunity in bonds. There have been intermittent extremes in yields over the last year, most notably in early fall 2023 when the benchmark 10-year Treasury yield peaked at 5%. VIEW MORE + Virginia Beach Connections 1Q24 | Cary Street Partners Picture yourself back on the blacktop of your elementary school, engrossed in an intense game of "tug of war." That's exactly what participating in the current market feels like — It’s an environment where the market is either quickly pulling stocks down or pushing them to all-time highs. VIEW MORE + Cary Street Partners Recognized by USA Today as Best Financial Advisory Firms 2024 (Rankings Overall and Rankings by AUM: Over $5 billion) For Second Consecutive Year | Cary Street Partners Cary Street Partners named one of USA TODAY’S Best Financial Advisory Firms for 2024 by USA TODAY and market research firm Statista. VIEW MORE + Street SMARTS: Q1 Commentary 2024 | Cary Street Partners In Chief Market Strategist Tom Herrick's new Street SMARTS series, he goes in depth about market observations and trends, offering valuable insight on the... VIEW MORE + March 2024 Monthly Update | Cary Street Partners Markets were generally favorable over the course of February. The S&P 500 Index has advanced 5.34% since the end of January. VIEW MORE + Virginia Beach Connections 4Q23 | Cary Street Partners At the beginning of 2023, many analysts were expecting a recession in the economy with the only debates being how severe. Few were expecting the economy and markets to be as resilient as they proved in 2023. This was exhibited by the S&P 500 returning 26.29%, including dividends. International markets, as represented by the MSCI EAFE, rebounded from a subpar 2022, with an 18.85% return in 2023. VIEW MORE + February 2024 Monthly Update | Cary Street Partners Markets unsurprisingly consolidated over the course of the last month. Unsurprisingly is the operative phrase given the strong nine week run that risk assets... VIEW MORE + Asset Management Viewpoints: The Right Vintage of Private Credit | Cary Street Partners Cary Street Partners Chief Market Strategist Tom Herrick sees the opportunities in investing in private credit. VIEW MORE + Asset Management Viewpoints: Breadth Breakout | Cary Street Partners Cary Street Partners Chief Market Strategist Tom Herrick sees hints of breadth expansion in 2024's equity performance. VIEW MORE + 2024 Market Outlook | Cary Street Partners Explore the trends and forecasts shaping the market landscape and gain valuable insights with our market outlook for 2024. VIEW MORE + November 2023 Monthly Update | Cary Street Partners The November Monthly Update takes a close look at 10-year yields and explains how "the beatings will continue until morale improves."
