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27 November
Giving Back Minor Gains
Quick Take: Stocks erased early gains in October to finish lower on the month amid tech weakness.[1] Bond yields surged (prices went lower) following strong economic data. [2] Stocks lost ground in October, with the S&P 500 declining 1% to snap a five-month winning streak in equities.[3] October was shaping up to be another […]
Read more30 October
Rate Cuts Kick Off Continued Record Highs
Quick Take: As the Fed delivered a surprising 50bps rate cut, stocks reached new heights again while bonds rallied.[1] Expectations headed into September for market returns were somewhat low, in part because of historical seasonal underperformance.[2] Just a week before the September meeting, investors overwhelmingly expected the Federal Reserve (the Fed) to cut rates […]
Read more12 September
Forward March
Quick Take: Stocks overcame early volatility in the month to notch a fourth consecutive month of gains.[1] Bonds advanced after the Federal Reserve Chairman Powell endorsed imminent rate cuts. [2] US stocks made modest gains in August, after a volatile month saw a series of positive economic data reports override concerns over the […]
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