Monthly Economic Update: June

Alexis DuffyMonthly Newsletter, Newsroom

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The month began on a solid note as stocks rallied following the Fed’s announcement of a 50-basis-point hike in the federal funds rate. The market was relieved to hear comments from Fed Chair Jerome Powell, who said that a 75-basis-point increase was not actively being considered.

February Monthly Economic Update

Alexis DuffyMonthly Newsletter, Newsroom

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As investors saw in January, these high-multiple stocks can come under pressure as bond yields trend higher. The reason for this is twofold. First, when rates tick up, it’s more difficult to forecast future earnings. Second, higher rates may increase a firm’s cost of capital.

Septembers Monthly Economic Update

Alexis DuffyMonthly Newsletter, Newsroom

In this month’s recap: Stocks rallied, fueled by an improving labor market, strong corporate earnings, and clarity on Fed tapering plans. Presented by The PensionmarkMeridien Team U.S. MARKETS Signs of an improving labor market, strong corporate earnings, and more clarity from the Fed on its tapering plans propelled stocks to multiple record highs during August.  The Dow Jones Industrial Average gained 1.22 percent while the Standard & Poor’s 500 Index … Read More