Burnham Harbor Insights – Market Update
This information is provided for illustrative and educational purposes only. This information does not constitute research, personalized investment advice, or a fiduciary investment recommendation from...
Burnham Market Insights – Market Volatility
Fast moving markets rinse excess & test investor theses Market volatility has returned, and we are monitoring events closely. Jitters have been driven by a confluence of events (fears of a Fed policy mistake & renewed recession worries chief among them) and...
Burnham Market Insights – June 2024
Market review US stocks staged an impressive revenge rebound after their brief slump in April, leaving the pessimistic ‘sell in May and go away’ crowd in tears. Comeback catalysts included another round of earnings surprises from the Mega-Cap tech juggernauts and a...
Burnham Market Insights – May 2024
Market review After a steady three-week pullback that eclipsed 5%, US stocks staged a heroic rebound toward the end of the month, according to Bloomberg. Nervous investors wiped their brow as strong Q1 earnings reports from Mega-Cap tech companies helped prop up the...
Burnham Market Insights – April 2024
Market review US stocks sprouted to new record highs over the month, feeding on the stimulative nutrients of robust corporate earnings, moderating inflation pressures, and a more resilient-than-expected economy. The persistent strength of underlying economic data...
Burnham Market Insights – March 2024
Market review It was a highlight reel month for stocks – juking typical seasonal patterns of weaknesses – while bonds stayed confined mostly to the sidelines. Heavy favorite growth and tech stocks once again scored impressive gains, turning in back-to-back...
Burnham Market Insights – February 2024
Market review Love and drama is in the air on Wall Street, with nostalgic investors rekindling their romance with AI-fueled megacap tech stocks and abruptly ending a brief but passionate year-end tryst with mid-and small-cap stocks. Major US stock indices swooned to...
Burnham Market Insights – January 2024
Market review A surprise dovish shift in Fed temperament led to a Bullcember to Remember and a dramatic unwind of the crowded ‘higher for longer’ trade. The Fed left rates unchanged at its December meeting but revealed a distinct sense of accomplishment in its fight...
Mentioned in BusinessWire.com: $1 Billion Chicago Team Leaves Merrill to Create New Registered Investment Advisor
Burnham Harbor Private Wealth has officially launched in Chicago as an independent Registered Investment Advisor, led by Managing Partners James Corrigan, David Holtkamp, Sean Jucas, and Kenneth Shay. Formerly of Merrill, the team brings decades of experience managing...