This is the time of year when spirits are lifted in anticipation of the holiday revelry to come. Historically, the joy of the season has extended to the stock market,
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Here we go again. By this time next year, we will all have survived another presidential election. But a year in the political process can seem like an eternity with
The returns from stocks in the first half of the year were the strongest we’ve seen in over 30 years. So it should not be surprising that markets cooled off
On August 14, the S&P 500 dropped nearly 3%, and the Dow shed 800 points, making it the worst one-day decline of 2019. The cause? A yield curve inversion in
In 1913, Congress created the Federal Reserve to “provide the nation with a safer, more flexible, and more stable monetary and financial system.” It is doubtful that anyone could have
Aiming to shrug off the bad taste left by the 6% drop in May, stocks in June rallied back to almost exactly their levels at the end of April. While
It may have all started with the 1968 epic film 2001: A Space Odyssey–the iconic battle between man and machine. With their ability to make calculations at lightning speed, computers
Stocks continued to march higher in April, trying to break out of their 15-month trading range. At month’s end, the S&P 500 index was just peeking at new highs. Large-cap
Stock markets around the world continue to recover from the sharp sell-off in the fourth quarter of last year, though the rally showed signs of slowing down in March as
Stocks continued to forge higher in February, frustrating many investors who expected stocks to follow their historical tendency and retest the low levels hit in late December. Instead, stocks of