Quick Takes Stocks and bonds fell for a third-straight week as investors’ hopes that the Fed would pivot to a more dovish stance any time soon were quelled by further hawkish comments from Fed officials following last week’s extremely hawkish message from Fed Chairman...
Quick Takes For the week the S&P 500 was down -4.0%, the Nasdaq sank -4.4%, and the Russell 2000 fell -2.9% in the second straight week of weighty declines for stocks. Aggressive comments from Federal Reserve Chairman Jerome Powell on Friday at the annual Jackson...
Quick Takes For the week, the S&P 500 fell -1.2%, the Nasdaq was down -2.2%, and the Russell 2000 sank -2.9%, snapping a four-week winning streak for stocks. Rising bond yields and aggressive comments from a trio of regional Federal Reserve presidents had equity...
Quick Takes The consumer price index was flat from June to July, and the annual rate came in lower than expected, primarily from falling energy prices. In addition, the producer price index and import prices fell more than expected, suggesting that peak inflation may...
Quick Takes Friday’s blowout July payrolls report trounced expectations and challenges the notion that the U.S. is in recession—despite back-to-back quarters of negative GDP growth. The U.S. added 528,000 jobs in July, more than twice as many as the expected 258,000....
Market Performance Summary July tends to be the peak month for summer vacations and for investors it also brought a vacation from volatility as most major asset classes saw their biggest rallies of 2022. After the worst first half in decades for most asset classes,...
