How Markets Weather Government Shutdowns
For the first time since January 2019, the federal government has entered a partial shutdown, a result of a congressional stalemate that failed to produce a funding agreement before the October 1 deadline. This marks the 21st shutdown since 1976, and although the...
Weekly Market Update – September 26, 2025
Quick Takes Wall Street snapped a three-week win streak last week, as sentiment took a hit after positive economic data and perceived hawkish remarks from Federal Reserve speakers had investors dialing back their expectations for interest rate cuts. Economic data was...
Weekly Market Update – September 19, 2025
Quick Takes Following nine months of inaction, the Federal Reserve delivered a long-awaited quarter point interest rate cut on Wednesday—and signaled more to come. The median projection of the Summary of Economic Projections, or dot plot, shows two additional cuts in...
Weekly Market Update – September 12, 2025
Quick Takes Global equities extended their gains as the S&P 500 Index rallied to its 24th all-time high in 2025 on the way to a +1.6% week gain. The tech-heavy Nasdaq Composite Index made its 25th record high of the year and ended the week up +2.0%. The August...
Weekly Market Update – September 5, 2025
Quick Takes The S&P 500 Index touched all-time highs early on Friday, but stocks ultimately slid -0.3% on the day after the government reported disappointingly low nonfarm payrolls growth in August. The S&P 500 finished the holiday-shortened week up +0.3%....
Monthly Market Update – August 2025
Key Takeaways EVERYONE IS A WINNER Most major global stock, bond, and real asset indexes, in virtually all size and style delineations, saw positive returns in August. The broad-based rally was driven by better-than-expected economic growth, impressive Q2 corporate...
Weekly Market Update – August 29, 2025
Quick Takes A late-summer selloff on Friday turned the S&P 500 Index and Nasdaq Composite Index negative for the week, but only slightly so. Still, the S&P 500 managed to make its 19th and 20th record high closes before Friday’s fall. The small cap Russell...
Weekly Market Update – August 22, 2025
Quick Takes Last week was a mostly sleepy and downside-biased week for stocks, until Friday morning’s speech from Federal Reserve Chairman Jerome Powell at the Fed’s annual symposium in Jackson Hole, Wyoming. Dovish comments by Powell immediately sparked stocks...