Market Update: Fourth Quarter 2023
MARKET UPDATE: THIRD QUARTER 2023
MARKET UPDATE: SECOND QUARTER 2023
Stocks arguably defied expectations in the first half of the year. Major stock market indices made significant gains due to improving inflation, slowing Fed rate hikes, the absence of a recession, a more stable banking sector and a strong rally in tech stocks.
MARKET UPDATE: FIRST QUARTER 2022
The concern among stock investors is that rising prices, and subsequent actions by the Federal Reserve, will cause a significant slowing of economic growth and potentially a recession.
MARKET UPDATE: FOURTH QUARTER 2021
There is no better way to describe it – 2021 was a historic year for the markets. After more than a decade of inflation running below the Federal Reserve’s stated 2% target level, the trifecta of rising wages, supply-chain disruptions for many goods and trillions of dollars of government largesse combined to push inflation steadily higher as the year progressed.