The markets began September, historically one of the toughest months of the year, on a fearful note. In the first three trading days, the S&P 500 dropped 4.4%, leading investors to brace for another weak September. However, after the initial downturn, the markets rebounded and ended the month in positive territory, marking the first time […]
As we enter September, investors who resisted the urge to “sell in May and go away” have been rewarded. In our June newsletter, we highlighted that during election years, June through August has historically been strong for the market. True to form, the S&P 500 gained 7.0% over this period, closely aligning with the historical […]
As we entered August, the market shifted direction, retreating in response to a weaker jobs report and an unexpected interest rate hike by the Bank of Japan. Despite the market pullback, Q2 earnings are projected to rise by 11.5%, marking the strongest quarter since late 2021. (Source: FactSet) As investors assess the current market risks […]
As we step into the second half of 2024, one of the prevailing themes in the market since the beginning of the year has been the anticipation of potential rate cuts. Economists had varying predictions, with some forecasting as many as 6 rate cuts for the year. However, as we approach July, the Federal Reserve […]
There have been numerous occasions when bad economic news has triggered a positive market reaction. This pattern repeated with the latest report from the U.S. Bureau of Labor Statistics. On June 4th, the JOLTS data was released, detailing job openings among other metrics. The anticipated number of job openings was 8.35 million, but the report […]
The first quarter of 2024 witnessed a robust performance, but April brought a setback as major indices experienced a decline across the board. Factors such as persistent inflation, rising bond yields, and geopolitical tensions weighed heavily on investor sentiment, shaking confidence in the market. Given this backdrop, we wanted to explore the potential path ahead. […]
As the first quarter of 2024 drew to a close, the broader markets continued their upward trajectory, driven by factors that caught investors off guard. Despite expectations of declining inflation, the Consumer Price Index (CPI) held steady at 3.2%, nearly unchanged from the beginning of the year. While some anticipated rate cuts, the Federal Reserve […]
As the stock market persists in its upward trajectory, it has notably exhibited minimal daily volatility. Remarkably, there hasn’t been a single-day movement of more than 2% since the previous summer. This occurrence marks the 14th instance in the past 70 years where the S&P 500 has maintained such stability for at least six months. […]
On January 19, the S&P 500 hit new all-time highs when it broke through its previous high set on January 3, 2022. This marks a span of 511 trading days between consecutive all-time highs, ranking as the 6th longest duration since 1950. There have been a total of 15 instances, including the current one, where […]
As we step into a year poised for political debates, it’s crucial to sift through the noise and distinguish it from historical patterns as it relates to investing. A noteworthy trend, consistent since 1950, reveals that the S&P 500 has demonstrated positive performance in every year during the first term of a President. (Source: Carson […]
