It was a tough week across the board for equity markets as Friday’s strong employment report sent interest rates higher and stocks lower.  This was the worst week for the Russell 2000 Index since the contest began in October.  Every portfolio within the Adirondack Cup was also down.  However, economic indicators remain strong and this may just be the pullback that investors have been anticipating.  It will be an interesting week ahead.

Below are the current standings of the Adirondack Cup.  These returns are since inception (October 16, 2017).

Current Standing Total Return
1        (1) Buffalo State 38.77%
2        (2) State University of New York at Geneseo 35.01%
3        (5) Wesleyan University 13.37%
4        (6) University at Albany, State University of New York 13.14%
5        (4) Ithaca College 12.07%
6        (8) Siena College 9.74%
7        (9) Skidmore College 7.70%
8        (7) Southern Vermont College 5.66%
9      (12) State University of New York at Plattsburgh 4.80%
10      (16) The College of St. Rose 3.16%
11      (15) Penn State Behrend 2.78%
12        (3) Binghamton University 2.51%
13      (14) Hofstra University 1.12%
14      (10) The College at Brockport, State University of New York -0.06%
15      (17) Bryn Mawr College -0.22%
16      (11) University of Wisconsin-Milwaukee -0.43%
17      (13) Temple University -0.93%
18      (19) Clarkson University -2.36%
19      (20) Rhode Island College -2.68%
20      (18) Stonehill College -4.72%
21      (21) St. Lawrence University -11.30%
22      (22) St. John Fisher College -13.00%
23      (24) Saunders College of Business at RIT -18.61%
24      (23) Nazareth College -18.61%
Russell 2000 Index 3.34%
Adirondack Cup Aggregated 3.20%
() Denotes prior week’s standing