The S&P 500 (-1.9%) and Nasdaq Composite (-0.3%) started the week at record highs, but the benchmark index ended the week down 2% as value/cyclical stocks sold off after the Fed’s policy meeting. Continue reading
Last week, the S&P 500 reached another new all-time high while the NASDAQ and Dow Jones Industrial Average each finished within one percent of record levels. Continue reading
Monday to Wednesday was a tease for market participants in that the S&P 500 narrowly missed out on an all-time closing high in every session. Continue reading
Just as it has across history, the Federal Reserve played a central role in the crisis and recovery of the past 18 months. Continue reading
While paying online has become easier and more accessible over the years, the COVID-19 pandemic took virtual spending to an entirely new level. As more and more people are embracing this type of spending, the payment options are growing. Continue reading
The stock market ended the first week of June on a higher note with the Dow, S&P 500, and Nasdaq advancing a respective 0.7%, 0.6%, and 0.5%. Continue reading
For some, it may feel as if financial markets are more uncertain than ever. But, you have to admit it’s been a pretty good year for investors. Continue reading
This is our monthly Global Market and Economic Update. The market summary features recent performance of global stocks, U.S. sectors, and interest rates. The economic update features relevant economic metrics, rates, actuals and forecasts. We hope you find it helpful. Continue reading
The travel industry has begun to see growing demand as we head into summer. However, not all travel will be the same, as much of the demand is directly related to the COVID-19 vaccine and reduced CDC restrictions. Continue reading
The central issue for many investors continues to be inflation. Prices are rising for some everyday goods and services as well as for important commodities. Continue reading