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.
Economic & Market Report: Giving Thanks
The time of year has come once again for families to gather around the table and give thanks for the good fortunes of life, friends, and health.
Economic & Market Report: 78 More Than 47 (or 45)
Move over Grover Cleveland (22 and 24). The epic grade school social studies question must now be rewritten, as we are now on the brink of having our second President in U.S. history in Donald Trump (45 and soon to be 47) with the distinction of serving two non-consecutive terms. But far more important than revisions to our trivia books …
Economic & Market Report: It Takes Time
Changes to the political landscape continue to unfold in the wake of the Republican sweep in the 2024 elections. The financial market reaction has also been dramatic, as U.S. stocks have rallied strongly in the days since Election Day with the removal of the uncertainty of who will be running the executive branch as well as the U.S. Senate and …
Economic & Market Report: 2024 Election Results – Market Impact
The election results are in. In a stunning outcome, Donald Trump and the GOP emerged from voting on Tuesday with a resounding victory.
Economic & Market Report: The Heat Is On
It was all going so well for the doves. The U.S. stock market continued to surge to new all-time highs at the same time that bond yields were plunging, all in anticipation of the U.S. Federal Reserve cutting interest rates at their mid-September Open Market Committee meeting.
Economic & Market Report: Stocks Don’t Care Who Wins
We’ve got a big election coming up in the United States that’s now less than two weeks away.
Economic & Market Report: Silver and Gold
The U.S. stock market continues to claim new all-time highs. But another segment of capital markets is also glistening brightly as we continue through 2024.
Economic & Market Report: Rekindling the Flames
It continues to top the charts as a major downside risk for capital markets as we continue through the 2020s. It sent the markets reeling a few years ago, and the problem was never fully eradicated even though the focus of policy makers has since turned elsewhere.