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...
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...
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...
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...
Quick Takes Stocks were mixed for the week with the S&P 500 and Russell 2000 both posting their first weekly losses of the year. However, the tech-heavy Nasdaq Composite was able to stay positive for a third straight week. Losses were minimal though thanks to a...
Quick Takes Stocks built on their gains for the year, with the major indices on pace for their best start to the year in decades. The S&P 500 gained +2.7%, the tech-heavy Nasdaq Composite was up +4.8%, and the small cap Russell 2000 advanced 5.3%. Non-U.S....
