Author: Kim Argo

June 7, 2024

June Market Summary 2024

Monthly Market Summary The S&P 500 Index gained +5.1%, slightly outperforming the Russell 2000 Index’s +5.0% return. Ten of the eleven S&P 500 sectors traded higher, led by Utilities. Corporate investment-grade bonds produced a +2.2% total return as Treasury yields fell, outperforming the corporate high-yield bond index’s +1.6% total return. International stock performance was varied….

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May 1, 2024

May Market Summary 2024

Monthly Market Summary The S&P 500 Index returned -4.0%, outperforming the Russell 2000 Index’s -6.8% return. Ten of the eleven S&P 500 sectors traded lower in April, led by Real Estate. Corporate investment-grade bonds produced a -3.2% total return as Treasury yields rose, while corporate high-yield bonds produced a -1.3% total return. International stocks outperformed…

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April 23, 2024

Q1 Market Commentary 2024

Quarterly snapshot Global equity markets garnered positive returns over the first quarter of 2024, due to optimism that major central banks will begin to cut interest rates sometime this year. Generally upbeat corporate earnings reports also bolstered investors’ confidence. Global fixed-income assets lost ground for the quarter. U.S. Treasury yields rose across the curve—with the…

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April 9, 2024

Q1 Market Analysis 2024

This report features world capital market performance and a timeline of events for the past quarter. It begins with a global overview, then features the returns of stock and bond asset classes in the US and international markets. The report concludes with a quarterly topic. Click Here To View Full Report

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April 3, 2024

April Market Summary 2024

Key Updates on the Economy & Markets Stocks continued their upward trajectory in early 2024. The S&P 500 returned more than 10% for a second consecutive quarter, setting multiple new all-time highs along the way. Notably, this quarter saw a significant shift in sentiment, as investors now only expect three interest rate cuts this year…

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March 6, 2024

March Market Summary 2024

Monthly Market Summary The S&P 500 Index gained +5.2%, underperforming the Russell 2000 Index’s +5.6% return. All eleven S&P 500 sectors traded higher, with cyclical sectors outperforming. Corporate investment-grade bonds produced a -1.9% total return as Treasury yields rose, while corporate high-yield bonds produced a +0.3% total return. International stocks underperformed U.S. stocks. The MSCI…

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February 12, 2024

February Market Summary 2024

Monthly Market Summary The S&P 500 Index gained +1.6% in January, while the Russell 2000 Index traded down by -3.9%. Five of the eleven S&P 500 sectors traded higher. Communication Services, Financials, and Health Care each outperformed the S&P 500, while Real Estate, Consumer Discretionary, and Materials traded lower. Corporate investment-grade bonds produced a -0.4%…

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January 22, 2024

Q4 Market Commentary 2023

Quarterly Snapshot Global equity markets rallied sharply during the fourth quarter of 2023. Signs of slowing inflation, along with the U.S. Federal Reserve’s (Fed) relatively dovish comments and projections regarding monetary policy, spurred investors’ hopes that the Fed and other global central banks could pivot to cutting interest rates sooner than previously expected. Global fixed-income…

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