Monthly Archives: April 2017

EWM Weekly Economic and Capital Markets Update

WEEKLY CAPITAL MARKET HIGHLIGHTS: Modest economic growth. US gross domestic product (GDP) grew at an annualized pace of just 0.7% during the first quarter (Q1) of 2017. Home price appreciation accelerating. The S&P CoreLogic Case-Shiller Home Index rose 5.9% in February from a year ago, accelerating for a fifth consecutive month. Technology stocks surging. Powered by strong earnings of large technology companies, the Nasdaq Composite Index continued its record-setting advance, sur...

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Endowment Index® Closes Higher For Week Ended April 28, 2017

The Endowment Index® calculated by Nasdaq OMX® (Symbol: ENDOW) closed today at 1,140.90, above last Friday's close at 1,126.52. The Index posted several new all-time closing highs during the week as global markets were broadly higher in response to French election results and U.S. earnings reports. The Endowment Index® represents the investable opportunity for managers of portfolios utilizing the Endowment Investment Philosophy® or otherwise incorporate alternative investments within a co...

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Endowment Wealth Management Weekly Capital Markets Update for Week Ended 4/21/2017

WEEKLY CAPITAL MARKET HIGHLIGHTS: Among equities, small caps outperformed large caps; growth stocks led value stocks; domestic stocks outperformed international stocks; and developed markets beat emerging markets. Treasury yields edged slightly higher this week. The 10-year Treasury yield marginally rose over the week, ending around 2.24%, driven by somewhat stronger economic data. Commodity indices were mostly down. Crude oil prices dropped over concerns of increased supply, and were...

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Endowment Index® Closes Modestly Lower For Week Ended 4/21/2017

The Endowment Index® calculated by Nasdaq OMX® (Symbol: ENDOW) closed today at 1,126.52, rising modestly from last week's close on Thursday April 13th at 1,121.37. The Endowment Index® represents the investable opportunity for managers of portfolios utilizing the Endowment Investment Philosophy® or otherwise incorporate alternative investments within a comprehensive asset allocation strategy. The Endowment Index® measures performance for a multi-asset, globally-diversified, three-dimens...

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Press Release: Endowment Index® Q1 Update

APPLETON, WI, April 12, 2017.  The Endowment Index® calculated by Nasdaq OMX® increased 4.95% (on a total return basis) for the quarter ended March 31st, 2017, closing at 1,125.13.   This compared to the S&P 500, which gained 6.05% for the same period. Global markets have had a broad and favorable upward bias to start 2017. This was reflected in fifteen of the Index’s 19 components providing a positive return for the 1st quarter.  While emerging markets-diversified was the single ...

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EWM Macro View-March 2017

Post On April 7, 2017 by

Domestic equity markets were modestly higher in March, extending their 2017 winning streak. Volatility increased somewhat earlier in the month, as the Republican-led Congress withdrew legislation designed to repeal and replace the Affordable Care Act, better known as Obamacare. Despite the minor consolidation, the S&P 500 has gained about 6.1% so far this year. Equity investors also assimilated the FOMC’s decision to raise short-term interest rates at its March meeting. Analysts expect tha...

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Post On April 7, 2017 by

WEEKLY CAPITAL MARKET HIGHLIGHTS: •Stock prices were mixed this week. The market continued to consolidate, as investors reacted to a variety of events, including this morning’s employment report and last night’s US air strike against Syria. Today’s March employment report was weaker than expected, with job growth of 98,000, far below consensus expectations. The unemployment rate fell to 4.5%. In addition, minutes of the Federal Open Market Committee’s (FOMC) March meeting showed it ex...

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Endowment Index® Drifts Mildly Lower For Week Ended 4/7/2017

Post On April 7, 2017 by

The Endowment Index® calculated by Nasdaq OMX® (Symbol: ENDOW) closed today at 1,123.75, down slightly from last Friday's close of 1,125.13. The Endowment Index® represents the investable opportunity for managers of portfolios utilizing the Endowment Investment Philosophy® or otherwise incorporate alternative investments within a comprehensive asset allocation strategy. The Endowment Index® measures performance for a multi-asset, globally-diversified, three-dimensional portfolio that inc...

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