Quick Takes The S&P 500 Index was up +0.8%, marking eight straight weeks of gains. That’s the longest weekly winning streak since November 2017 and leaves the index just +0.9% from its all-time high set on January 3, 2023. The 2-year U.S. Treasury yield fell...
Quick Takes On Wednesday, the Federal Reserve maintained its key policy rate at 5.25%-5.50%, but the most noteworthy aspect came as Chairman Jerome Powell surprised economists and delighted investors with a press conference that was much more dovish than expected. ...
Quick Takes Investors appear to be betting that there will be sufficient economic strength for the U.S. to skirt a recession but not too much strength that the Fed will have to remain restrictive with monetary policy. That helped the S&P 500 and Nasdaq advance for...
Key Points November to Remember Like the ’70s hit single “Every 1’s a Winner”, virtually all major asset classes had their groove on in November, and everybody was a winner. The collective cross-asset return for eight major asset classes was the second-strongest...
Quick Takes The S&P 500 Index gained +0.8% for the week, its fifth straight weekly gain. The Nasdaq is also on a five-week win streak after gaining +0.4% last week. The small-cap Russell 2000 Index jumped +3.1% for a three-week win streak. The MSCI EAFE Index was...
Quick Takes U.S. stocks have been positive for every week in November. The S&P 500 was up +1.0% last week, putting it on course for the best month since July 2022. The Nasdaq Composite Index was up +0.9%, and the small-cap Russell 2000 Index advanced +0.5%. After...
