Posts Tagged ‘recession’
Monthly Market Insights | May 2023
US Markets Stock overcame recession worries and mixed corporate earnings results in April, ending mostly higher. For the month, the Dow Jones Industrial Average picked up 2.48%, whereas the Standard and Poor’s 500 Index rose 1.46%. The Nasdaq Composite which was up nearly 17% in the first quarter of 2023, was flat 0.04% in April.…
Read MoreMorning Market Commentary for Q3 2022
The 3rd quarter was full of mixed emotions and uncertainty as we experienced a bear market rally during the first half of the quarter. Sentiment turned bearish in the second half of the quarter when the Federal Reserve persisted in raising rates to combat inflation. The S&P 500 dropped by another -5.3% for the quarter…
Read MoreMonthly Market Insights | July 2022
US Markets June was a tough month for the markets as recession talk prompted investors to recalculate risk in their portfolios. The Dow Jones Composite Average led the indices to lose only 6.84% while the Standard & Poor’s 500 Index fell 8.39%. The tech-heavy Nasdaq Composite dropped the most losing 8.71% in the month of…
Read MoreThe Jobs Recovery: More Work to Be Done
In April 2020, the U.S. economy lost an astonishing 20.8 million jobs, by far the largest loss recorded in a single month dating back to 1939. To put this in perspective, the second largest monthly job loss was about 2 million in September 1945, when defense industries reduced production at the end of World War…
Read More2020 First Quarter (Q1) Market Commentary
Most economic slowdowns occur over time with a slow deterioration of Employment, Consumer Confidence, and Gross Domestic Product (GDP). Companies generally tighten their belts and the Fed and Government make monetary and fiscal policy changes to help soften the blow and eventually we come back slowly. It’s called the business cycle. We have been going…
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