Quick Take: Equity and bond markets swooned while the Federal Reserve (“Fed”) remained committed to aggressive rate hikes.[1]  According to the Stock Trader’s Almanac, September has historically been the toughest month of the year for stocks.[2] Going back to 1928, the S&P 500 has seen a September decline 11 times of at least 7%, including […]

.[1][2] August 2022 provided another roller coaster for markets.[3] The S&P 500 index declined 4.24% for the month, following a summer rebound in July and the first half of August.[4][5]

Markets staged a comeback in July as U.S. equities posted their best monthly gains since November 2020.[1] The S&P 500 equity index rose 9.11%, the tech-heavy Nasdaq finished up 12.4%, while the Dow posted gains of 6.7%.[2] Gains were fueled by better-than-expected financial results from America’s biggest companies, as well as bets that the Fed […]