Quick Take. Stocks followed up April’s gains with another strong performance in May, closing repeatedly at fresh all-time highs as oil prices retreated.[1] Bond yields stayed elevated (prices lower), however, as inflation concerns remain.[2] Source: https://www.wsj.com/finance/stocks/oil-declines-lift-stocks-to-fresh-records-243d065e May opened with confidence that the United States and Iran were moving toward a deal to end the war, […]

Quick Take. After the first quarter demonstrated its worst quarterly performance since 2022, stock markets surged to record highs powered by a resilient earnings season and a tenuous U.S.-Iran ceasefire. [1],[2] April marked a month of striking contrasts. The S&P 500 had just closed out its worst quarter since 2022, battered by the outbreak of […]