Market Highlights

As we welcome spring and the start of the second quarter, we look back on how the markets fared in the first quarter of 2024 in our latest Market Highlights.  It turns out that the news is good, but not for the reasons you might expect. Strong Returns from the S&P 500 The S&P 500 […]

Despite rampant speculation about a possible recession, the stock market managed to recover in spectacular fashion in 2023.  In our latest Market Highlights, we recall some of the events that drove the financial markets and look ahead to what 2024 may hold for investors.

Do you feel like the economy isn’t making a lot of sense right now? Is there a mismatch between the headlines and how you’re personally feeling? If so, you’re not alone. There’s a big divide between the current data and the perception of many Americans.

In the first half of 2023, the stock market’s 17% return outperformed expectations. However, these gains were driven by the superior performance of only a few stocks who investors see as beneficiaries of recent advances in artificial intelligence. Since the overwhelming majority of the stock market has been directionless, we look to the bond market, which

Relative Calm for the Stock Market The stock market has been more calm in 2023 than last year, with the range between the market’s high and low about half what we saw for each quarter of 2022. A “range-bound” market suggests there is disagreement about which direction the market should be heading. Which narrative will

Silicon Valley Bank failed last week when it experienced a “bank run” where many customers who had deposited money all requested to withdraw that money simultaneously.  While the bank had much of its own assets in safe investments like treasury bonds and government-backed mortgage securities, it was vulnerable because it failed to adequately manage other