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Murphy, Brian

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Jun 15, 2022
Our Perspective on Recent Market Activities - June 2022
Equity markets sold-off on Friday, following a disappointing Consumer Price Index (CPI) reading that showed headline inflation picked up last month, and that selloff continued through Monday. CPI was reported at 8.6% year-over-year, higher than last month’s 8.3% increase, and ahead of expectations. Core CPI, which excludes food and energy, came in slightly ahead of estimates at 6.0%, but that was down from 6.2% in April.
Jun 15, 2022
May 09, 2022
Our Perspective on Recent Market Activities - May 2022
Markets rallied following the Fed’s announcement of a 0.50% rate increase on Wednesday, due in part to hearing that larger rate increases were not imminent. But those gains evaporated Thursday as equity markets fell on the realization that the process of normalizing rates is just beginning.
May 09, 2022
Jan 18, 2022
2021 Year in Review
The year 2021 saw a significant rebound in economic growth propelling real GDP above its pre-pandemic level. Equity markets followed along, making new highs throughout the year as corporate earnings continued their recovery. While the final numbers aren’t in yet, the expectation is that U.S. GDP grew at roughly 5.6%1 in 2021 and will likely carry that momentum into the first half of 2022 before slowing down later in the year. Not surprisingly, the primary driver of economic growth was the U.S. consumer who unleashed a wave of spending fueled by government stimulus payments, increased savings rates, and pent-up demand following 2020’s lockdowns.
Jan 18, 2022
Nov 30, 2021
Our Perspective on Recent Market Activities
Equity markets are down again today, after rebounding yesterday from Friday’s steep sell-off. Friday’s 2.5% drop took place as investors dealt with the news of another coronavirus variant labeled Omicron. The variant was originally reported in South Africa and has now been detected in other countries across the globe. This comes as some regions are still dealing with increased infection rates from the Delta variant.
Nov 30, 2021
Jul 27, 2021
Inflation Outlook and Interest Rates
Equities markets continued their rally in the second quarter, with strong performance across the board in both US and international markets. Returns were fueled by the ongoing economic reopening, as many states lifted almost all restrictions following successful vaccination campaigns. With the return to business as usual, first quarter GDP came in at 6.4% and is expected to be as high as 10% in the second quarter. Corporate earnings have rebounded significantly, even outpacing analysts’ expectations. But as quickly as earnings have recovered, equity prices have moved even faster, leaving valuations stretched and well above historical averages.
Jul 27, 2021
Feb 03, 2021
Podcast: Investments - A Recap of 2020 and the Outlook for 2021
Ask the Experts is a financial forum for education and advice as CNB’s experts answer your questions on financial topics that interest you.  The experts of this show featured Jason W. Fitzgerald, CFP®, Senior Vice President, Senior Wealth Advisor
Feb 03, 2021
Feb 01, 2021
2020 Year in Review
There is little doubt that 2020 will go down in history as one of the most unusual years that we have experienced. The year began with the underpinnings of the economy appearing strong and a good deal of optimism relative to the markets, buoyed by strong performance in 2019. As we came into the year, forecasts were for solid earnings growth based on record low unemployment and a strong consumer. Although valuations were somewhat stretched after great returns in 2019, market expectations were for solid gains as returns aligned with earnings growth.
Feb 01, 2021
Nov 06, 2020
The Path Forward
From a market perspective, 2020 has certainly seen its share of ups and downs. Even an average year in the market can seem like a roller coaster, but this year has been an especially wild ride. Adding significant anxiety to
Nov 06, 2020
Jun 11, 2020
Podcast: Investment Strategies for Today’s Volatile Markets
The experts of this show featured Stephen Krauss, Vice President, Wealth Advisor, and Brian Murphy, Vice President, Senior Investment Strategist, from CNB Wealth Management.
Jun 11, 2020
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