recent market commentary

Silicon Valley Bank Event

SVB, the 10th largest US bank, was shut down by regulators due to insolvency on Friday March 10, 2013. The bank had a classic mismatch in its assets and liabilities, including a significant amount of deposits from Silicon Valley start-ups and high-growth technology and healthcare companies.

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Market Update May 2022

Market declines YTD and perspectives on high-quality growth stocks Although we recently provided a quarterly update, the equity markets have continued to decline since then. Additionally,

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Market Update March 2020

Reflections on steep Coronavirus-induced market declines and impact on BCA 7-yr Capital Market Assumptions Risk assets (equities, credit, and emerging market bonds) have declined significantly

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