Quick Takes Reduced trade tensions with China, more strong corporate earnings, and a cooler-than-expected inflation report pushed the S&P 500 Index and Nasdaq Composite to new record highs and left the small cap Russell 2000 Index just a quarter percent from its...
Quick Takes Stocks rebounded last week despite extremely choppy trading as US-China trade tensions and banking sector volatility whipsawed markets throughout the week. Stocks and bonds ultimately resolved to the upside on trade tension de-escalation and solid bank...
Quick Takes Stocks saw their largest daily decline since the April 10 Liberation Day on Friday after President Trump threatened “a massive increase of tariffs on Chinese products” in response to China’s proposed new export controls on rare earths minerals. The S&P...
Key Takeaways EVERYONE IS A WINNER… AGAIN For a second straight month, most major global asset classes saw healthy gains in September and were up nicely for the just-completed third quarter. For US stocks, the headline S&P 500 Index saw its fifth straight month of...
Quick Takes At midnight on Wednesday, October 1, a partial US government shutdown became effective. However, investors largely yawned about it and the rally in stocks and bonds persisted unabated. Other than the US dollar and oil, most asset classes saw gains for the...
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...
