Join Lou Desepoli of Heritage for the market outlook for April 2021.

Heritage Financial Advisory Group

Heritage Market Outlook | April 2021 | Lou Desepoli

Join Mike Desepoli for the Heritage Market Update for April 2021.

Heritage Market Outlook | April 2021 | Mike Desepoli

Welcome to the Monday Morning Market Minute for April 12th! This week Mike Desepoli discusses Fed chair Jerome Powell's appearance on 60 minutes, and what message he is sending to the markets. Later this week, earnings season kicks off yet again and we will be watching closely. Have a great Monday!

Monday Morning Market Minute | April 12th, 2021

Join Mike Desepoli of Heritage for the Monday Morning Market Minute for April 5th, 2021. 

Monday Morning Market Minute | April 5th, 2021

Welcome to the Monday Morning Market Minute for March 29th! Markets continue to chop as the first quarter comes to an end. There is likely to be volatility this week and the market has a few major events on the economic calendar.....but history suggest there might be a surprise awaiting investors in the month of April. Join Mike Desepoli as he discusses all that and more.

Monday Morning Market Minute | March 29th, 2021

Welcome to the Monday Morning Market Minute for March 22nd! Tech shares look to resume their market leadership as treasury yields back off for the first time this month. Mike Desepoli walks you through the key market movers for this week. Have a happy Monday!

Monday Morning Market Minute | March 22nd, 2021

The major markets retreated once again as all 5 indices closed lower. The losses were evenly paced as all five closed within half a percent of each other. This occurred despite fresh all-time high in the S&P 500 and the Dow Jones. Looking back at last week, possibly the most consequential economic event that took place was Federal Reserve Chairman Jerome Powell’s Wednesday press conference. During the question-and-answer segment, Powell was asked if it was time to start “…talking about talking about tapering yet?” to which he chuckled and replied “Not yet.” This exchange highlighted quite clearly the dovish and patent stance the Fed has taken to stimulate the domestic market despite the recent rise in treasury interest rates. Not surprisingly, the Fed made no changes to the Fed Funds Rate which has remained between 0 and 25 basis points for a year now. Furthermore, Powell stated that a majority of the fed members didn’t anticipate an increase in the Fed Funds rate for the next three years. Meanwhile, treasuries saw the long-term end of the yield curve climb higher yet again as it represented the eighth consecutive week of increases in the 10-year yield. The 10-year closed Friday at 1.74% after testing the 1.76% rate midweek. The rise in interest rates contributed to the stalled performance at the sector level which saw mixed returns. The notable standout was the loss in the S&P 500 Energy sector which dropped over seven and half percent last week after seven consecutive weeks of gains. Nevertheless, the Energy sector remains the top performer year to date with a gain over 29%. With this being the last full week of the first quarter, overall performance has been positive with losses only in two sectors and gains across all five major markets.

Heritage Insider Weekly | March 22nd, 2021

Welcome to the Monday Morning Market Minute for March 15th! Markets are trying to turn the corner in early action and our time has alot of things on our mind. Mike Desepoli revisits our take on treasury yields, as well as shares some of our high frequency data which is very encouraging. Have a great day!

Monday Morning Market Minute | March 15th, 2021

Welcome to the Heritage Market Pulse for Friday March 12th! Markets are looking to post their first weekly gain in three weeks. Mike Desepoli discusses why the recent media frenzy around "rising yields" posing a risk to the market is preposterous. Have a great weekend!

Heritage Market Pulse | March 12th, 2021

Welcome to the Heritage Market Minute for March 8th, 2021. The markets have entered correction territory as volatility has returned, Mike Desepoli shares some insights into how the Heritage team is approaching this week.

Monday Morning Market Minute | March 8th, 2021

Welcome to the Monday Morning Market Minute for March 1st, 2021. This week markets try to claw back from last week's sell-off. There are a few things the Heritage team are keying in on as they evaluate the markets this week. Mike Desepoli explains in the M4.

Monday Morning Market Minute | March 1st, 2021

Welcome to the Heritage Market Pulse for Friday February 26th! Markets have been correcting all week, and Mike Desepoli explains what is driving the recent moves in stocks and what the team is looking for to signal and end to the volatility. Have a great weekend!

Heritage Market Pulse | Friday February 26th, 2021

Welcome to the Monday Morning Market Minute for February 22nd, 2021. Markets continue to consolidate recent gains by moving sideways. Later this week we will hear testimony from Federal Reserve Chairman Jerome Powell as he shares his outlook for the economy. Mike Desepoli discusses the ramifications of this and more in this week's show.

Monday Morning Market Minute | February 22nd, 2021

The major markets climbed back toward all-time highs as all five indices closed the week higher. Emerging Markets added an impressive 2.4% making it the first of the major markets to reflect a double-digit return year to date. Much like Emerging markets, small caps had been under pressure for much of 2020. However, Small caps have continued to outperform their large cap peers since late last year. The greatest gains across the style boxes were seen in Small Cap Growth which sit with a year-to-date gain of 17.06% as of Friday’s close. At the sector level, 8 of the 11 sectors closed higher with Consumer Discretionary and Utilities seeing the greatest losses. Meanwhile, Energy added 4.33% last week, adding to its 2021 outperformance. Last week’s gains in Crude Oil and Natural Gas were a continuation of rising energy prices due to the polar vortex hanging over the country the last 10 days. Headlines describing the strain on the nationwide power grid read like something more appropriate in the peak of the dog days of summer. It was reported that more than 4 million homes in the United States and Mexico have experienced some form of blackouts. Natural Gas was simply unavailable in some regions, sending some power plants offline. In Economic news, the Consumer Price Index reflected a gain of 0.3% as inflation fears were stayed for the time being. However, Friday’s Consumer Sentiment fell from 79 to 76.2 marking a six-month low for the index. Furthermore, families earning less than $75,000 annually reported the largest decline in optimism. Finally, the yield curve remained largely unchanged last week with some steepening occurring in the longer-term yields. This weighed on bonds, causing returns to fall, taking the Bloomberg Barclays US Aggregate Bond Index to a year-to-date loss of 1.23%.

Heritage Insider Weekly | February 15th, 2021

Welcome to the Monday Morning Market Minute for February 8th. The markets are picking up this week right where they left off last week, with additional gains. Signs point to more stimulus on the horizon, and the market sure loves that. Join Mike Desepoli as he lays out the key market drivers for this week.

Monday Morning Market Minute | February 8th, 2021

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