Sunday, May 3, 2020

May Market Update - Non-Gaussian Planning

The S&P 500 gained 12.68% in April 2020, ending at 2,912.43. YTD the S&P 500 is down 9.85%. Market return data through May 1, reveals the S&P 500 is down 16.4% since its February peak. The S&P 500 had its best monthly gain since 1987. Outside of equities we see gold had its best monthly return in nearly four years. There's a lot to cover, so let's dig into price, sentiment, and valuation as we start May 2020.