What has sparked the recent sell-off in global financial markets isn’t totally clear, in part because one could be justified pointing at a few factors. As of a couple weeks ago, U.S. markets were already up about 20% for the year, though for the most part that performance was concentrated in a small number of
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July 15, 2024 Major US equity indices were mixed in Q2, with the S&P500 and NASDAQ recording gains while others like the DJIA and Russell 2000 fell. The differences lie in the extreme concentration of a few large stocks driving the bus – more on that below. In the bond market, rates ticked higher in
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June 24, 2024 Inflation has continued to be a topic of conversation and concern in the US.  The quiet thief of purchasing power has remained stubbornly elevated, eroding the value of our hard-earned money at elevated rates.  Necessary expenses that rise faster than the growth in savings and investments can result in difficult choices during
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April 15, 2024 Stocks posted healthy gains in the first quarter, adding to the strong performance experienced in 2023. Continued enthusiasm for AI pushed many tech stocks higher, while optimism for a soft economic landing (slowing inflation without sending the economy into a recession) and interest rate cuts helped broaden the rally to other sectors.
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