Monthly Economic Update: February

Alexis DuffyMonthly Newsletter, Newsroom

January was good for long-term investors in U.S. stocks, especially in megacap tech with AI exposure. Market bulls were cheering the prospects of a more accommodating Fed in 2024, with the rate decision and Fed statement happening on the last day of the month.

Monthly Economic Update: November

Alexis DuffyMonthly Newsletter, Newsroom

Yes, the seasonal pattern for U.S. equities is strong at this time of year!

Historically, November and December are a strong time of year for U.S. equities. After October’s dismal showing for U.S. stock indexes, market watchers are debating the opportunities in stocks for the remainder of the year.

3rd Quarter of 2023 Economic Review

Alexis DuffyMonthly Newsletter, Newsroom

Overall, stock market bulls were on the retreat during the third quarter of 2023 as several major stock indexes traded lower in response to rising interest rates and a strong dollar.

In fact, after three consecutive positive quarters for the S&P 500, the large-cap index found some sellers in the third quarter.

2nd Quarter of 2023 Economic Update

Alexis DuffyMonthly Newsletter, Newsroom

Let’s make it three for the S&P! The second quarter of 2023 was the third consecutive positive quarter for the S&P 500 and the Dow Jones Industrial Average. The Nasdaq 100 was the biggest gainer of the three major indexes in the second quarter, with AI and large-cap tech fueling gains.