News - Page 2 of 4 - Tevebaugh and Associates

The Road Ahead Revisited

Written by OneAscent on August 24, 2020. Posted in Investment Updates.

Nearly five months ago, in mid-March, we shared our views on navigating the investment implications of the COVID-19 pandemic in a piece titled The Road Ahead. At the time, New York City was becoming the global virus epicenter and its health system was struggling to cope.

Weekly Investment Update August 17, 2020

Written by OneAscent on August 17, 2020. Posted in Investment Updates, Weekly Investment Updates.

US equity markets, as measured by the S&P 500 index, continued to move higher last week, gaining approximately 1%. The index has now gained more than 50% from the 2020 closing low of 2,237 set on March 23.

Weekly Investment Update August 10, 2020

Written by OneAscent on August 10, 2020. Posted in Investment Updates, Weekly Investment Updates.

US equity markets, as measured by the S&P 500 index, advanced more than 2% last week as investors continued to track the economic recovery and second quarter corporate earnings. Last Friday, the US Bureau of Labor Statistics reported that 1.76 million jobs were added back to the US economy in July...

Monthly Investment Update: August 2020

Written by OneAscent on August 1, 2020. Posted in Investment Updates, Monthly Investment Updates.

Risk assets rose sharply in July as investors digested US economic and corporate earnings data for the second quarter 2020 and tracked the progress of a potential new stimulus bill from Washington. The S&P 500 returned 5.6% during the month, led by the consumer discretionary sector, which is now significantly composed of e-commerce companies like Amazon, which returned 9.0% during the month.

Weekly Investment Update July 27, 2020

Written by OneAscent on July 27, 2020. Posted in Investment Updates, Weekly Investment Updates.

A busy earnings season continued last week, with now more than a quarter of S&P 500 companies having reported results. Year-over-year earnings growth, on average, continues to be starkly negative, but most companies have surprised analysts’ consensus expectations on earnings and revenue.

OneAscent Market Update: Q3 2020

Written by OneAscent on July 21, 2020. Posted in Investment Management, Video Webinars.

The first half of 2020 has been marked by the global COVID-19 pandemic still going on around the world. The U.S. election season is fast approaching and will add its own unique set of potential challenges and opportunities for investors. During this webinar you will hear insights on the current market outlook, the role of international equities, and an update on OneAscent's positioning and performance.

Weekly Investment Update July 20, 2020

Written by OneAscent on July 20, 2020. Posted in Investment Updates.

US equity markets, as measured by the S&P 500 index, rose 1.3% last week. Investors have been optimistic about the progress toward economic reopening across the US despite several hotspots around the country with significantly increasing COVID-19 cases.

Weekly Investment Update: July 13, 2020

Written by OneAscent on July 13, 2020. Posted in Investment Updates, Weekly Investment Updates.

US equity markets advanced last week with the Dow Jones Industrial Average, the S&P 500, and the NASDAQ returning 1.0%, 1.8%, and 4.0%, respectively. The markets were potentially aided by renewed discussion in Washington of an additional round of fiscal stimulus.

Monthly Investment Update: July 2020

Written by OneAscent on July 6, 2020. Posted in Investment Updates, Monthly Investment Updates.

The first half of 2020 has seen many unprecedented events, both in terms of the impact on society from the COVID-19 pandemic as well as the resulting extreme movements in risk assets. The year began on a relatively optimistic tone as US equity markets marched toward all-time highs in February, aided by tailwinds from stable economic conditions, an accommodative Federal Reserve, and substantive progress on the US-China trade dispute.

Weekly Investment Update: June 29, 2020

Written by OneAscent on June 29, 2020. Posted in Investment Updates, Weekly Investment Updates.

Equity markets declined last week with the S&P 500 losing nearly three percent as evidence of increasing cases of the COVID-19 virus in parts of the United States. The increased cases caused concern that the economy may not be able to rebound as quickly as might have been implied by the stock market recovery that began in late March.