Home » Archive by category "Economic Updates"

Category Archives: Economic Updates

Third Quarter 2019 Performance Commentary and Review

The third quarter proved to be another volatile one, but managed to finish slightly higher than where we were when the quarter began.  Despite the endless noise of a 24/7 media cycle deeply engaged in the business of emotional manipulation and the deadening drumbeat of President Trump’s Twitter account often in response, the stock market […]

Tagged , , | Comments Off on Third Quarter 2019 Performance Commentary and Review

First Quarter 2019 Performance Commentary and Review

After a difficult fourth quarter for the stock market last year, the first quarter of 2019 proved to be a kind one for the Broadleaf Growth Equity Portfolio, which posted a gain of 18.7% net versus 13.7% for the S&P 500.  While we’re encouraged by this recent outperformance, we think you’ll agree that it’s the […]

Tagged , , , , | Comments Off on First Quarter 2019 Performance Commentary and Review

Broadleaf Partners 2019 Investment Playbook

At the end of each year, we like to look back on the year that was and consider what we got right, what we got wrong, and what we might have learned in the process.  We then turn our attention to the year to come, hoping that by putting our thoughts in writing, we’ll gain […]

Tagged , | Comments Off on Broadleaf Partners 2019 Investment Playbook

Fourth Quarter 2018 Performance and Commentary

It’s not much of a secret that the stock market was pummeled during the fourth quarter, with our portfolio declining in a similar fashion.  Weakness was generally broad based across almost all sectors of the economy as concerns of recession mounted in the face of continued Fed Rate increases.  Given our substantial lead earlier in […]

Tagged , , , , | Comments Off on Fourth Quarter 2018 Performance and Commentary

Waterboarded, Mr. Market Style

The markets this quarter haven’t been much fun. In fact, it’s felt a little like a waterboarding – a few brutal down days are followed by a single up day reprieve – which allows for a moment to catch one’s breath – before the deluge resumes once again. Rinse, cycle, repeat. We have had the […]

Tagged , , , | Comments Off on Waterboarded, Mr. Market Style

Third Quarter 2018 Commentary and Review

The Broadleaf Growth Equity Portfolio enjoyed absolute gains in the third quarter, rising 7.2% and bringing year to date results to 23%, net of fees.  Performance gains continued to come from the technology and consumer discretionary sectors during the quarter, as has been the case for most of the year, but market breadth also improved, […]

Tagged , , , , | Comments Off on Third Quarter 2018 Commentary and Review

Second Quarter 2018 Performance Commentary and Review

The Broadleaf Growth Equity Portfolio enjoyed another strong quarter, gaining 8.5% net of fees, compared to 3.4% for the S&P 500.  Performance has continued to be dominated by results from the technology sector as well as specific areas of the consumer discretionary space. For the rest of our thoughts on the quarter and our investment […]

Tagged , , , | Comments Off on Second Quarter 2018 Performance Commentary and Review

New Talent and Aging Stars

I’m sitting at my desk right now, watching the endless stream of earnings shoot across my screen, and I can’t stop thinking of the strong parallels to a Wall Street Journal article from this morning on The Changing of the Guard in the NBA. The article talks about the current NBA playoffs and the emerging […]

Tagged , , , , | Comments Off on New Talent and Aging Stars

First Quarter 2018 Commentary and Review

The Broadleaf Growth Equity Portfolio continued a recent run of strong relative results, even in the down and volatile market experienced during the first quarter.  Short, intermediate and long term, our results are ahead of our benchmarks on a net of fees basis. Passive management vehicles (index funds) have been crowing about their outperformance relative […]

Tagged , , , , | Comments Off on First Quarter 2018 Commentary and Review

Looking Back, Looking Forward

At the end of each year, we like to look back on the year that was and consider what we got right with our Investment Playbook, what we got wrong, and what we might have learned in the process.  We then turn our attention to the year to come, hoping that by putting our thoughts […]

Tagged , , , , , | Comments Off on Looking Back, Looking Forward