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12/15/2023

A summary of last week's market highlights and economic news.

With a few weeks left of 2023, markets remain on track for a strong finish. As the torch passes to 2024, investors are c...
12/11/2023

With a few weeks left of 2023, markets remain on track for a strong finish. As the torch passes to 2024, investors are counting on a successful Fed pivot away from restrictive policy to a more neutral stance to build on this year's gains.

In our latest Weekly Market Wrap, we offer three reasons why we see a gradual shift in Fed policy ahead.

A summary of last week's market highlights and economic news.

Stocks have been on a comeback tour in 2023, mounting a nearly 20% gain so far this year after a lousy 2022. The latest ...
12/04/2023

Stocks have been on a comeback tour in 2023, mounting a nearly 20% gain so far this year after a lousy 2022. The latest leg of that tour has been particularly enthusiastic with the market having just closed the books on a banner November.

With stocks now near their highs for the year, this week's Weekly Market Wrap looks at the recent strong performance and why we think the market can maintain good posture next year.

A summary of last week's market highlights and economic news.

This past week brought our holiday opportunity to focus on the things we're thankful for. Thanksgiving also marks a turn...
11/27/2023

This past week brought our holiday opportunity to focus on the things we're thankful for. Thanksgiving also marks a turn into the homestretch for the year, so we've dished up a few holiday perspectives on market performance that help set the table for the year ahead.

A summary of last week's market highlights and economic news.

Much like finding the perfect water temperature for a relaxing bath, navigating the incoming economic data in markets re...
11/20/2023

Much like finding the perfect water temperature for a relaxing bath, navigating the incoming economic data in markets requires a delicate balance. Too hot, and there is a risk of economic overheating that pushes inflation higher triggering a Fed response. Too cold, and the markets may freeze as recessionary concerns resurface.

So far in November, the temperature has been just right, helping stocks reach a two-month high and placing the October correction in the rear-view mirror.

Ideal conditions don't last forever. But, in our latest Weekly Market Wrap, we share three reasons why the fundamental drivers are broadly moving in a direction we believe supports a positive outlook in 2024.

A summary of last week's market highlights and economic news.

Holiday cheer or drear? As we head into year-end and holiday shopping season, there are questions as to whether the cons...
11/13/2023

Holiday cheer or drear? As we head into year-end and holiday shopping season, there are questions as to whether the consumer can continue to spend at the same robust pace in the months ahead.

In our latest Weekly Market Wrap, we look at three factors that suggest some slowing in consumption ahead, although perhaps not consumers completely shutting down their spending habit.

A summary of last week's market highlights and economic news.

Stocks have been under pressure for much of the last two months as rising rates have weighed on stock and bond market pe...
11/06/2023

Stocks have been under pressure for much of the last two months as rising rates have weighed on stock and bond market performance. Last week brought some welcome relief with stocks rallying amid a drop in bond yields.

We don't think it's smooth sailing from here, but we continue to hold the view that the recent market correction isn't the beginning of something more sinister or prolonged.

Read more in our latest Weekly Market Wrap.

A summary of last week's market highlights and economic news.

Stocks edged close to correction territory last week, down nearly 10% from their peak in late July. A renewed rise in go...
10/30/2023

Stocks edged close to correction territory last week, down nearly 10% from their peak in late July. A renewed rise in government bond yields and mixed earnings reports from mega-cap tech were the sparks for the S&P 500 to hit its lowest point in five months.

Is the recent market turbulence part of an uncomfortable but normal correction, or the start of something bigger?

A summary of last week's market highlights and economic news.

This past week, markets remained on edge as Treasury bond yields continued their march higher. The 10-year yield is gett...
10/23/2023

This past week, markets remained on edge as Treasury bond yields continued their march higher. The 10-year yield is getting particular attention as it nears 5%, a level last seen in 2007.

How high can it go? Our latest Weekly Market Update analyzes the rapid rise.

A summary of last week's market highlights and economic news.

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