Third Quarter 2021 Investment Commentary
Market Recap A September slump put a pause on the global equity bull market. The S&P 500 Index dropped 4.7% for the month, developed international equities fell 2.9%, and emerging-market (EM) stocks dropped 4.0%. For the third quarter, the S&P 500 was up just...
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Argent Employee Spotlight – John Allen
Meet John, who is with Argent Trust in Greenville, SC and has been with us for 5 years. Q. What led you to Argent and what makes it unique? A. The chance to practice my client-centric trade without the politics and bureaucracy I experienced in larger bank-related...
Mid-Month Market Perspectives
Market Reflections A Year’s Difference Time certainly has a way of changing perspectives. As of the middle of March last year, the global markets were in the midst of a virus-fueled free fall which ultimately infected the U.S. financial markets. Within weeks, the...
Why Domestic Asset Protection Trusts Offer Advantages to Business Executives
Chris Kelly, J.D., market president for Argent Trust Company in Nashville, was recently a featured columnist in CEOWORLD Magazine. The original article is below and may also be viewed on the CEO World website: Originally published on CEOWORLD.com July 21, 2021 For...
The Morning View: July 20, 2021
Announced this morning, Housing Starts were 1,643,000 in June, an increase of 6.3% for the month, which was much higher than. Conversely, Building Permits were 1,598,000 in June, down -5.1% for the month, which was more negative than expected. Overall, the increase in...
The Morning View: July 13, 2021
In this morning’s data, the Consumer Price Index increased 0.9% in June, higher than expected, and is 5.4% higher on annual basis. Prices of Used Cars and Trucks were again strong, up 10.5% for the month, while Medical Care Commodities and Electricity were slightly...
Argent Employee Spotlight – Patrice Parks
Meet Patrice, who is with Argent Trust in Fort Worth and has been with us for 3 years. Q. What led you to Argent and what makes it unique? A. I joined Argent as part of the Texas expansion that happened in March of 2018. Q. Why do you enjoy working at Argent? A. It’s...
Second Quarter 2021 Investment Commentary
Market Recap Global stock markets continued to surge in the second quarter. Developed markets led the way, with the S&P 500 Index gaining 8.5%. International stocks rose 5.0%, held back by mixed news on the COVID-19 front and a tightening in China’s financial...
The Morning View: July 8, 2021
In this morning’s data, Initial Jobless Claims were 373,000 for the week ending July 3rd, a small increase of 2,000 over the previous week’s revised level. On the other hand, Continuing Claims were 3,339,000 for the week ending June 26th, which is a decrease from the...
Fixed Income Commentary- July 2021
July 2021 2nd Quarter 2021 Fixed Income Review • Q2 fixed income markets experienced positive performance although Treasuries and high credit quality were still negative year-to-date • Although a strong influence during the first half of 2021, the reflation trade in...