ECONOMIC UPDATE Facebook LinkedIn Twitter Source: Zephyr Style Advisor Better than feared corporate earnings and lower inflation report led market volatility lower and returns higher after the previous month’s bank crisis aftershock in developed markets. International developed equities led major regions with a gain of 2.9%, followed by US equities with a gain of 1.6%. …
ECONOMIC UPDATE Facebook LinkedIn Twitter Source: FactSet Markets ended a volatile but positive first quarter, with gains in technology offsetting weakness in banks. The quarter also saw a reversal in many of 2022’s underperformers. Tip of the Month You have a limited amount of time to amend a tax return; otherwise, the IRS will not …
ECONOMIC UPDATE Facebook LinkedIn Twitter In this month’s recap: Stocks stumbled as investors worried that the Fed would maintain its tight monetary posture due to ongoing inflation. U.S. Markets Stock prices stumbled in February owing to growing worries that the Fed would maintain its tight monetary posture in the face of continuing inflation. For the …
ECONOMIC UPDATE Facebook LinkedIn Twitter In this month’s recap: Investors were in a buying mood thanks to moderating inflation, a better-than-feared earnings season, and healthy economic data. U.S. Markets Stocks rallied in January as moderating inflation, a better-than-feared earnings season, and healthy economic data put investors in a buying mood. For the month, the Dow …
ECONOMIC UPDATE Facebook LinkedIn Twitter Source: Zephyr Style Advisor December was a difficult month for equities, as was the year. US equities, as measured by the S&P 500, fell 5.8%, bringing the index’s return for the year to -18.1%, its worst year since 2008. International developed equities eked out a small gain of 0.1%, helped …
ECONOMIC UPDATE Facebook LinkedIn Twitter In this month’s recap: Stocks surge higher as Fed Chair Powell confirms the Fed is prepared to ease up on future interest rate hikes. U.S. Markets Stocks surged higher in November on rising optimism that the Fed would slow down future interest rate hikes. The Dow Jones Industrial Average gained …
ECONOMIC UPDATE Facebook LinkedIn Twitter In this month’s recap: Stocks posted big gains in October as “old economy” names reported solid earnings while mega-cap techs struggled. U.S. Markets Stocks posted big gains in October, propelled by better-than-expected corporate reports. The Dow Jones Industrial Average led, gaining 13.95 percent. The Standard & Poor’s 500 Index tacked …
