It has been a tumultuous second quarter so far. After only nine trading days, we have seen U.S. stocks as measured by the S&P 500 plunge by more than -15% peak-to-trough in the wake of the “Liberation Day” tariff announcements, only to find their footing and battle their way back since. Although the tariffs for most countries have been paused …
Liberation Day has arrived for the United States. Unlike in most other countries where it is celebrated in reflection of the end of a past war or the dawn of a new revolution, Liberation Day in the U.S. as it has come to be known is the declaration of promised tariffs to free the country from the import of foreign goods.
“And I feel like I’ve been here before” -Deja Vu, Crosby, Stills, Nash & Young, 1970 It’s been a tough time for the U.S. stock market as of late. Over the last four weeks, the headline benchmark S&P 500 Index has fallen by just over -10% peak to trough. And the bounce that has emerged over the past five trading …
“Some things in life are bad, they can really make you mad Other things just make you swear and curse. When you’re chewing on life’s gristle, don’t grumble, give a whistle And this’ll help things turn out for the best” -Always Look on the Bright Side of Life, Monty Python, 1979 The U.S stock market has certainly been bad lately. …
Talk about tariffs continue to pound the news headlines day after day. Taxing imports on goods from other countries such as Canada, Mexico, and China have potential economic impacts that can be troubling for financial markets. These include slower economic growth and the potential for recession as well as rising prices and the threat of high inflation. Amid the turbulence, …
In this week’s Economic & Market Report, winter has come early this year.
Early Market Weakness in December
❄️ The U.S. stock market posted a rare December decline, marking only the fifth negative performance for the month since 2000.
❄️ Stocks faced a long-overdue pullback after a linear climb since late 2023.
❄️ U.S. Treasury yields surged over the past four months, driven by persistent inflation concerns.
Uncertainty in Market Recovery
☃️ Despite Wednesday’s strong market response, key resistance levels in equities remain unbroken, leaving recovery uncertain.
☃️ Sustained declines in Treasury yields are needed to improve equity risk premiums.
☃️ Inflation risks linger due to seasonal data noise, rebuilding efforts from Los Angeles fire damage, and elevated 5-year breakeven rates above 2.50%.
2024 Stock Market Review video with Chief Market Strategist Eric Parnell.
The New Year is officially underway. Following an exceptional 2024 for stocks that ended with an oof and included a surprise election sweep along with lingering inflation concerns that just won’t quit as evidenced by the uneven year for bonds, what are the key indicators to watch for what to expect as we move freshly into 2025. The following are five indicators to watch for 2025.
It is a debate that has confounded investors in capital markets for the last few decades now. What is the true identity of this market? Is it really the strong and confident marketplace reflected by the S&P 500 streaking boldly to new all-time highs as 2024 draws to a close?
It has been a phenomenal year for the U.S. stock market in 2024. The S&P 500 was still trading below 4800 emerging from what had been a strong 2023, and while a good year ahead was anticipated, the idea of the benchmark index cresting 6000 to close out 2024 seemed a long shot at best.
