Our Thinking

Summary The S&P 500 experienced a 1.6% decline in August but remains 18.7% higher on the year, while the Bloomberg Aggregate Bond Index is up

Summary Markets continued their hot streak in July, and the S&P 500 posted its fifth consecutive month of positive returns, ending the month up 3.2%.

Summary The first half of 2023 has been anything but ordinary—from a banking crisis in March and a near-miss with a U.S. debt default to

Summary The Federal Reserve hiked interest rates by another 25 basis points at the May 3 FOMC meeting, yet minutes show that Fed officials are

Summary U.S. equity markets continued their impressive run this year, bringing year-to-date returns to over 9%; bonds also made modest gains. Inflation continued to moderate,

Summary Both U.S. and international equity markets rallied in the last few days of March to end the month (and the quarter) with positive returns.