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Quarterly Commentary Q2 2024
Market Overview The topic of interest rate cuts continues to dominate the financial markets. Investors are focused on when the Federal Reserve will lower rates, while also keeping a close eye on corporate earnings. Economists are analyzing inflation and labor market data to determine their impact on the probability and timing of rate cuts. Comments […]
Quarterly Commentary Q1 2024
Market Overview Global equity markets got off to a promising start during the first quarter. While the S&P 500 led all broad market measures, the gains were generally across the board including all styles (growth/value), market capitalizations, and geographical regions. Building on strong performance from the fourth quarter of 2023, the three U.S. large-cap indices […]
Quarterly Commentary
Market Overview As we opened 2023, it had been widely forecast that rising interest rates would lead to a recession sometime in the second half of the year. Afterall, inflation was still well above the Fed’s two-percent target and the markets were coming off a year (2022) of significant equity and fixed income declines. The […]
Quarterly Commentary
Market Overview As the second quarter came to a close and we entered into the third quarter, markets continued their upward trajectory as the S&P 500 rose to its highest level since March 2022. Unfortunately, this trajectory proved unsustainable as rising global bond yields, mixed inflation data, and concerns over a future economic slowdown weighed […]
A Message from our Chairman, CEO and President, Jeff Szyperski
Jeff Szyperski, the Chairman, CEO and President of Chesapeake Financial Shares, Inc., shares some thoughts on the strength and soundness of Chesapeake Bank, and why this will continue. Hello, I’m Jeff Szyperski, President and CEO of Chesapeake Bank. I know there’s no dearth out there now of analysis of the Silicon [Valley] Bank failure and […]
