Quick Takes The first week of the fourth quarter started with a furious two-day rally, that saw the S&P 500 jump nearly +6%, but much of those gains evaporated as Fed made it clear that they would not be retreating from their aggressive path of interest rate...
Market Performance Summary Markets continued their search for a bottom in September as volatility roiled equity and fixed-income markets from persistently high inflation and increasingly hawkish rhetoric from the Fed and other global central banks. All major asset...
Quick Takes Markets were roiled by growing fears of tightening monetary policy from an aggressive-talking Federal Reserve that shows no signs of slowing down rate hikes. The major U.S. stock averages posted sharp losses for the week, their third-straight week of...
Quick Takes Stocks and bonds were battered for a second straight week after the Federal Reserve raised the Fed Funds rate by 75 basis points for the third straight time. Though the rate hike was expected, the Fed’s accompanying statement and post-hike announcements...
Quick Takes Stocks and bonds couldn’t withstand hotter-than-expected inflation data, as stocks sank and yields soared following Tuesday’s consumer price index (CPI) unexpected rise. The S&P 500 and Nasdaq had their worst week since June, falling -4.8% and -5.5%...
Quick Takes Stocks were able to withstand hawkish central banks, rising bond yields, and mixed economic data to break a three-week losing streak and finish the holiday-shortened week with solid gains. The S&P 500 index rebounded +3.7%, the small cap Russell 2000...
