Quick Take: Stocks and bonds fell in December after the Federal Reserve projected fewer rate cuts in 2025 than markets had been expecting.[1] Equities finished a strong year with a whimper, as the S&P 500 fell 2.5% in December — the worst monthly loss since April. [2] This was just after stocks had just posted […]
Quick Take: Post-election optimism led stocks to hit record highs to close November, while Treasury bond yields ultimately settled lower (prices up) after some volatility. [1],[2] Stocks surged in November, posting their largest monthly gains of the year, as the removal of election uncertainty set off a powerful market rally.[3] The euphoria sent the S&P 500 […]
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 positive […]
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 by […]
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 […]
Quick Take: Stocks and bonds continued their upward trend in June, bolstered by mega technology companies and continued signs of cooling inflationary pressure.[1] Disappointing earnings led to a tech selloff in July, while the market now expects the first rate cuts in September.[2],[3] The summer kicked off in high gear, setting records. The US stock […]
The stock market has seen its share of volatility in 2020. Through the first nine months of this year, the S&P 500 moved up or down by at least 2% on 42 days.1 This already makes it the most volatile year for U.S. stocks since the 2008–2009 Financial Crisis. We’ve been through a pandemic, disruption […]