Weekly Market Update – April 14, 2023

Weekly Market Update – April 14, 2023

Quick Takes Inflation concerns, bank stress, and odds for a deep recession all faded during the week which helped stocks get back in the winning column. For the week the S&P 500 gained +0.8%, the small cap Russell 2000 rose +1.5%, and the Nasdaq Composite added...
Weekly Market Update – April 14, 2023

Weekly Market Update – April 07, 2023

Quick Takes Stocks ended a three-week win streak and bonds marked a three-week win streak. The S&P 500 Index slipped -0.1% and the Bloomberg US Aggregate Bond Index was up +0.5%. The stock market was closed for Good Friday, but the bond market was open for part of...
Monthly Market Update – March 2023

Monthly Market Update – March 2023

Key Points Contagion Contained. March was marked by a banking crisis that developed rapidly and seemingly disappeared almost as quickly. Within just a couple weeks the second and third largest bank failures in history occurred and the bank regulators in partnership...
Weekly Market Update – April 14, 2023

Weekly Market Update – March 31, 2023

Quick Takes Investors were able to put aside banking sector contagion concerns and instead focused on several indicators pointing to inflation easing. The prospects of bank troubles being contained and inflation pressures falling helped global stocks rally solidly for...
Weekly Market Update – April 14, 2023

Weekly Market Update – March 24, 2023

Quick Takes The fast-developing banking crisis continued to be a primary focus for investors for another week. After three mid-sized U.S. banks in just two weeks, as well as Credit Suisse being sent into the arms of its Swiss neighbor UBS, now Germany’s Deutsche Bank...
Weekly Market Update – April 14, 2023

Weekly Market Update – March 17, 2023

Quick Takes There were big inflation reports during the week, but most of the market’s attention was on the continuing drama surrounding several bank failures and what the resolutions might be to avoid further damage. One of the latest actions was a group of the...
Weekly Market Update – April 14, 2023

Weekly Market Update – March 10, 2023

Quick Takes The threat of rates going “higher-for-longer” has weighed down stocks and bonds over the last several weeks. And data on Friday showed the crucial U.S. services sector had its strongest activity since the summer, yet rather than fall, the S&P 500...