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Weekly Market Update – June 24, 2022

Weekly Market Update – June 24, 2022

Quick Takes Stocks rebounded sharply last week as the S&P 500’s +6.5% gain erased the prior week’s -5.8% drop, thanks to a big +3.01% rally on Friday, the strongest daily gain since May 18, 2020. As a result, the S&P 500 exited bear market territory, and all...
Weekly Market Update – June 24, 2022

Weekly Market Update – June 17, 2022

Quick Takes The S&P 500 dropped -5.8% for the week, its worst week since 2020, and is now down for ten of the past eleven weeks, which has only happened once before in 1970. Meanwhile, in fixed income, Treasury bonds fell, and yields moved higher with the 10-year...
Weekly Market Update – June 24, 2022

Weekly Market Update – June 10, 2022

Quick Takes The S&P 500 and Nasdaq Composite lost 5.1% and 5.6%, respectively, for their ninth losing week in 10 and the worst week since January, following a deep and broad-based selloff on Friday as investors reacted to the highest inflation in four decades and...
Monthly Market Update — May 2022

Monthly Market Update — May 2022

Market Performance Summary May finally brought a reprieve from 2022’s negative returns, but investors may be forgiven if they have to squint to see them. As shown in the table below, most major asset classes had positive returns for the month of May, albeit all less...
Weekly Market Update – June 24, 2022

Weekly Market Update – June 03, 2022

Quick Takes Markets couldn’t follow up the prior week’s big gains despite a big rally on Thursday and decent economic data. The S&P 500, the Nasdaq, and the Russell 2000 all finished negative on the holiday-shortened week. Over the past week, yields have broken...
Weekly Market Update – June 24, 2022

Weekly Market Update – May 27, 2022

Quick Takes What a difference a week makes. After the first seven week losing streak since 2001, the S&P 500 was flirting with bear-market levels last Friday. The S&P gained +2.5% on Friday alone, putting it up +6.6% for the week, its best since November 2020....