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Markets Have Best Month Since 2020
I hope that you and your loved ones are staying safe and are enjoying your summer! I can't believe it is August already...U.S. equities finished July in an upbeat fashion. The S&P 500 broad-market benchmark surged over 9% for its...
Read MoreFall Brings Cooler Perspectives
Coming off its early September all-time high, the S&P 500’s winning streak of five monthly gains came to an end. Yet the U.S. equity benchmark index closed out the third quarter on a positive note amid data showing the economy is...
Read MoreMarkets Post 4th Straight Positive Month
U.S. major equity averages finished July with solid gains and posted their fourth straight positive month. The S&P 500 gained 5.64% while the Dow and the Nasdaq Composite rose 2.51% and 6.85%, respectively.1 The impressive July...
Read MoreAre Financial Markets Disconnected from the Real Economy?
I hope that you, your family and your loved ones are staying safe. Equities continued to bounce back in May from multi-year lows due in large part to optimism over business re-openings, declines in new infections, and progress in the...
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Equities Are on the Mend
Equities have been on the mend recently after stocks moved lower throughout most of last week on worries that the emerging economic reopening might accelerate the spread of COVID-19. Comments by Fed Chair Powell added to the downside...
Read MoreMarkets Post Strongest Month Since 1987
For the month of April, the S&P 500 posted its strongest gain since January 1987. The benchmark index surged nearly 13% last month, reaching a level just 1.1% below the end of February. Remarkably, the S&P 500 has recovered more than...
Read MoreTame Couple of Weeks for Stocks
Other than a deep plunge in oil prices early last week (which subsequently stabilized), it has been a fairly tame couple of weeks for stocks. It can be summed up very well by a market strategist who stated that on one hand, the markets...
Read MoreStock Markets Rebound, But Questions Linger
U.S. equity markets extended their gains to a second weekly rally last week after a drug showed some effectiveness in treating the COVID-19 disease and President Trump identified the circumstances necessary for parts of the country to...
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