In the short term, everyone loses in a trade war
Roughly six weeks from President Donald Trump’s inauguration was when the presidential honeymoon period seemed to end.
February 2025 Market Recap
February Market Recap Tariff threats went up while stocks went down in February. Equities stumbled through their first negative month of the year despite exceptional corporate earnings growth, which shows that optimism is waning even as profitability soars. The S&P 500 and Dow Jones Industrial Average lost between 1.4% and 1.6%. The NASDAQ lost nearly […]
Make your portfolio more efficient with these clear steps
On Super Bowl Sunday, the U.S. government announced it will no longer mint new pennies because, according to the U.S. Mint, each one costs nearly 4 cents to produce.
January 2025 Market Recap
January Market Recap In writing these regular summaries of market events, there are some months in which very little seems to happen. And then there are months like this. The headlines were so big and the flow of news so constant in January that markets are still sifting through the economic fallout. Equities managed to […]
Federal Reserve rate cuts could create more harm than good
With great anticipation, the Federal Reserve cut interest rates by 0.50% on Sept. 18.
December 2024 Market Recap
December Market Recap Short term pain. Long term gains. Stock prices drifted lower in December, driven in part by the Federal Reserve’s outlook for fewer rate cuts in the year ahead. The S&P 500 fell 2.5% in just its third negative month of the calendar year. The Dow Jones Industrial Average performed even worse, losing […]
U.S. stocks, economy remain global exceptions with another rich year
The S&P 500 will almost certainly end 2024 with gains of 20% or more for the second consecutive year, and the benchmark index has increased more than 50% total in the last 24 months.
November 2024 Market Recap
November Market Recap Already on pace for an exceptional year, the stock market got the catalyst it hardly needed in November. The presidential election on November 5 ended up being far less close than polls had indicated. Donald Trump won every swing state up for grabs and most media outlets called the race in Trump’s […]
Be wary of betting on political promises
On Nov. 6, the day after Election Day, the Dow Jones Industrial Average jumped more than 1,500 points (3.6%), the S&P 500 gained 2.5% and the NASDAQ 3%.
October 2024 Market Recap
October Market Recap Stocks trended slightly lower in October and the major US equity benchmarks finished in the red for the first time since April. It had been five consecutive months of gains for the S&P 500, which bucked several trends this summer and is still up nearly 20% year-to-date. Investors who subscribed to the […]