News and commentory 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." VIEW MORE + Virginia Beach Connections 3Q23 | Cary Street Partners Stay seated... seat belts on... there will be turbulence! The market, as measured by the S&P 500, was up over 15% halfway through the year and is currently up 13.07% as of 9/30/23. VIEW MORE + Asset Management Viewpoints: Mortgages—Home to Opportunities | Cary Street Partners Cary Street Partners Chief Investment Officer Tom Herrick expounds how current mortgages offer opportunities for investors. VIEW MORE + 3rd Quarter 2023 Commentary | Cary Street Partners Q3 2023 Financial commentary from Cary Street Partners' CIO, Thomas Herrick talks about the gravitational pull of higher yields and more. VIEW MORE + Asset Management Viewpoints: Time for Small Caps | Cary Street Partners Cary Street Partners Chief Investment Officer Tom Herrick talks cap comparisons and explains why it's time for small caps. VIEW MORE + Cary Street Partners Named to Barron’s List of 2023 Top 100 RIA Firms in the United States | Cary Street Partners For a fourth consecutive year, Cary Street Partners has been named to the Barron’s List of 2023 Top 100 RIA Firms. VIEW MORE + Artificial Intelligence: The Fourth Industrial Revolution? | Cary Street Partners Artificial intelligence — is it being over-hyped? Or could it really have profound economic and societal implications? VIEW MORE + Virginia Beach Connections 2Q 2023 | Cary Street Partners Surprise... surprise... Markets are up! There was a lot of pessimism at the beginning of the year, as 2022 was a negative year for stocks and bonds. There was also the overhang of the Fed's historic rate increases, the debt ceiling, the Ukrainian invasion and mounting geopolitical tensions with Russia and China. VIEW MORE + August 2023 Monthly Update | Cary Street Partners Epic dis-inflation. That is the short answer regarding what has been driving markets since last October. VIEW MORE + 2nd Quarter 2023 Commentary | Cary Street Partners Q2 2023 Financial commentary from Cary Street Partners' CIO, Thomas Herrick includes market review and second half outlook. VIEW MORE + June 2023 Monthly Update | Cary Street Partners Tom Herrick, Cary Street Partners' Chief Investment Officer, talks FOMC policy, volatility, and yields in his June 2023 financial commentary. VIEW MORE + May 2023 Monthly Update | Cary Street Partners Tom Herrick, Cary Street Partners' Chief Investment Officer, explains how money growth leads inflation in his May 2023 financial commentary. VIEW MORE + The Fed is Starting to Break Banks | Cary Street Partners There is an expression on Wall Street that the “Fed raises rates until something breaks.” Well, something broke in March: Silicon Valley Bank and Signature Bank failed, and a host of regional banks came under stress, First Republic being the poster child of the latter group. VIEW MORE + March Monthly Update 2023 | Cary Street Partners March 2023 financial commentary from Tom Herrick, Cary Street Partners' Chief Investment Officer, about monetary aggregates and inflation. VIEW MORE + February 2023 Monthly Update | Cary Street Partners Financial commentary from Tom Herrick, Cary Street Partners' Chief Investment Officer about stocks, bonds, and rent inflation. VIEW MORE + 2023 Market Outlook | Cary Street Partners 2022 resulted in one of the more difficult investment environments in recent decades. One in which both stocks and bonds suffered significant losses... VIEW MORE + November 2022 Monthly Update | Cary Street Partners In previous commentaries, we have focused on the number one tactical driver of markets, liquidity. Commonly, this is summarized in the number one rule for... VIEW MORE + 3rd Quarter 2022 Commentary | Cary Street Partners Don’t fight the Fed. If there was one market mantra to live by, 2022 has reminded us that “Don’t fight the Fed” is it. As of this writing, the market continued... VIEW MORE + September 2022 Monthly Update | Cary Street Partners From their mid-June low through the 18th of August, equities picked up short-term momentum and advanced about 16% using the S&P 500 as a proxy, a classic bear...
