Market Performance Summary Global stocks surged in October, just a month after a September slide that left many stock indexes well into bear market territory. Stocks and bonds have moved in tandem for much of the year, however, for the most part, bonds did not join in...
Quick Takes Stocks sidestepped disappointing earnings news, especially dismal outlooks from big technology firms, and instead focused on a stronger-than-expected GDP report and inflation data that was in check with expectations. The S&P 500 gained +3.9% for the...
Quick Takes Markets continued their roller coaster action, but this week they managed to close higher after being down four of the five prior weeks. In fact, it was the best week for stocks since June, with the S&P 500 advancing +4.7% and the Nasdaq up +5.2%. The...
Quick Takes Markets whipsawed throughout the week as investors weighed inflation data that the Fed will weigh in its policy-making decisions. Both wholesale prices (Producer Price Index) and consumer (Consumer Price Index) came in higher than expected and core...
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...