Monthly Market Update – February 2023

Monthly Market Update – February 2023

Key Points February Flip Flop. A seasonal slowdown, reaccelerating inflation, decelerating earnings, and a rising dollar all conspired in February to reverse some of January’s gains… which itself was a reversal of 2022 trends. Dizzy yet? Inflation...
Weekly Market Update – March 03, 2023

Weekly Market Update – March 03, 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...
Weekly Market Update – March 03, 2023

Weekly Market Update – February 24, 2023

Quick Takes Midweek, the Fed released the minutes from its FOMC monetary policy meeting that ended on February 1, and it showed policymakers remain steadfast in their use of higher interest rates to battle inflation. A flurry of economic reports later in the week...
Weekly Market Update – March 03, 2023

Weekly Market Update – February 17, 2023

Quick Takes Stocks were mixed and bonds were down for the week as inflation pressures reemerged as consumer and wholesale inflation showed some hotter-than-expected prices and retail sales came in stronger-then-expected. For the week, the S&P 500 index slipped...
Weekly Market Update – March 03, 2023

Weekly Market Update – February 10, 2023

Quick Takes Global stocks and bonds suffered their worst week of 2023 as investors’ concerns jumped between Fed monetary policy and slowing economic and earnings growth. During the week, several Fed policymakers maintained their intention to keep rates higher for...
Monthly Market Update – February 2023

Monthly Market Update – January 2023

Key Points After one of the most difficult years for virtually all asset classes in 2022, investors welcomed a broad-based rally in the first month of 2023. Every major asset class saw solid returns in January ranging from +3% to +10%. The January rally added to the...
Weekly Market Update – March 03, 2023

Weekly Market Update – February 03, 2023

Quick Takes The January employment report surprised markets with job gains more than twice the level Wall Street was expecting. 517,000 jobs were added in January, more than double the expectations of 190,000, and December’s figure was revised higher to 260,000 from...
Weekly Market Update – March 03, 2023

Weekly Market Update – January 27, 2023

Quick Takes All major stock indices were up for the week with the S&P 500 and Russell 2000 both on pace for their best January since 2019. The tech-heavy Nasdaq Composite was able to stay positive for a fourth straight week and is on pace for its best January...