Weekly Market Update – October 21, 2022

Weekly Market Update – October 21, 2022

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...
Weekly Market Update – October 21, 2022

Weekly Market Update – October 14, 2022

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...
Weekly Market Update – October 21, 2022

Weekly Market Update – October 07, 2022

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...
Monthly Market Update — September 2022

Monthly Market Update — September 2022

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...
Weekly Market Update – October 21, 2022

Weekly Market Update – September 30, 2022

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...
Weekly Market Update – October 21, 2022

Weekly Market Update – September 23, 2022

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...