Last Week In ReviewLast week’s stocks erased much of the previous week’s losses on optimism that the Federal Reserve will be able to curb inflation without tipping the economy into a recession. The gains pulled the S&P 500 Index out of “bear market” territory,...
Last Week In ReviewLast week the major indexes surrendered a portion of the previous week’s substantial gains as worries grew that the Federal Reserve’s fight against inflation would push the economy into recession. The S&P 500 Index closed out its worst first...
Last Week In ReviewLast week signs that inflation might be moderating as growth cooled helped stocks rally sharply over the holiday-shortened week, lifting the S&P 500 Index out of bear market territory. Nearly every sector in the index recorded substantial gains....
Last Week In ReviewThe Federal Reserve’s most aggressive rate hike since 1994 raised recession fears and sent stocks sharply lower for a consecutive week. Last week the S&P 500 Index recorded its worst weekly decline since March 2020 and entered a bear market,...
Last Week In ReviewLast week stocks finished with steep losses despite some early-week strength. The equities market turned south on Thursday afternoon, and the selling accelerated on Friday following the release of hotter-than-expected consumer price index (CPI) data...
Last Week In ReviewLast week stocks surrendered a portion of the previous week’s substantial gains as investors continued to question whether the Federal Reserve will be able to rein in inflation without causing a recession. Industrials shares outperformed, helped by...
A turbulent month for markets ended almost where they started, as global equities eked out a 0.12% return in May. The MSCI All-Country World Index is down 12.83%YTD and is off to its worst five-month start since MSCI included its Emerging Markets category in 1998. In...
Last Week In ReviewLast week continued the equity markets weekly losing streak as fears grew that inflation was causing consumers to pull back on discretionary spending, setting the stage for a coming recession. At its low point last Friday, the S&P 500 Index was...
Last Week In ReviewLast week stocks recorded more losses as investors appeared to grow increasingly skeptical that the Federal Reserve will be able to achieve a “soft landing” for the economy by raising rates enough to tame inflation without causing a recession. The...
Last Week In Review“Wash, rinse, and repeat” seems to be the theme of equities right now. Most of the major benchmarks endured a fifth consecutive week of losses as interest rate and inflation worries weighed on sentiment, especially toward growth stocks. Last week’s...
Global equities tumbled 8.00% in April to bring their YTD return down to -12.94%, the second worst 4-month start to a year in the history of the MSCI All-Country World Index (lagging only the 2020 Coronavirus outbreak by a half of a basis point). Risk assets fell in...
Last Week In ReviewLast week the major indexes endured a fourth consecutive week of losses. Growth fears were compounded by some disappointing earnings results from Amazon.com, which has a heavy weighting (price-weighted) in many major indexes. The S&P 500 Index...