HFA 2020 Q2 Market Review

By: Harris Financial Advisors | On: July 27, 2020 | Category: Quarterly Report |

By the Numbers – 2020 2nd Quarter Report

The second quarter ushered in much needed relief across all major equity asset classes, including commodities and global real estate. The performance rebound recovered a significant amount of the decline over the first quarter, but left most equity indexes still in red for the year as the world continued to grapple with COVID-19.

Harris Financial Advisors Q1 2020 Market Review

By: Harris Financial Advisors | On: April 23, 2020 | Category: Quarterly Report |

By the Numbers – 2020 1st Quarter Report

It was a grueling first quarter as sovereign nations, financial markets and economies across the globe grappled with the unprecedented public health crisis of COVID-19. Markets gyrated wildly as the S&P 500 descended from its late February highs into a bear market (a decline of at least 20%) in just 16 days, the fastest pace on record. The index recorded its 3rd worst single day drop ever on March 16th, followed by its 9th best day ever on March 24th. The first quarter of 2020 was the worst quarter in the S&P 500 since the final three months of 2008, when the index slumped -22.6%. In short, the first quarter of the year was a wild ride in almost every major asset class.

2019 Q4 Market Review - HFA Version FINAL

By: Harris Financial Advisors | On: January 23, 2020 | Category: Quarterly Report |

By the Numbers – 2019 4th Quarter Report

The fourth quarter capped the end to a notable year in the markets as all seven of the major asset classes delivered positive returns in 2019. Global capital markets proved resilient against the backdrop of trade tensions, better than feared economic data, Brexit, unrest in Hong Kong, stimulus packages and lower interest rates, among many other developments.

2019 Q3 Market Review - Harris Financial Advisors

By: Harris Financial Advisors | On: October 22, 2019 | Category: Quarterly Report |

By the Numbers – 2019 3rd Quarter Report

Four of the seven major asset classes advanced over the 3rd quarter, and three showed mild weakness as newswire reports of trade escalation, currency manipulation, interest rate cuts, Brexit turmoil, protests in Hong Kong, and Iranian military action weighed on financial markets. Even with the dizzying headlines, all major asset classes remained in positive territory year-to-date through the end of the quarter.

019 Q2 Market Review - HFA Version1 FINAL

By: Harris Financial Advisors | On: August 7, 2019 | Category: Quarterly Report |

By the Numbers – 2019 2nd Quarter Report

After a robust first quarter, most major asset classes gained additional ground by the end of June.  Lingering apprehensiveness over the tariff situation, soft global growth, Brexit, geopolitical unrest, and the possibility of future interest rate cuts failed to significantly hinder the financial markets.