Category: Market Updates

First Half 2023 and Index Concentration

The most telegraphed recession in history must wait a little longer before coming to fruition. Economic data through the first half of the year remained mixed, with the labor market and service industries remaining strong. However, manufacturing is experiencing some...

Capital Market Review – May 2023

Looking at just the S&P 500 Index, the month of May appears boring since the index increased by only 0.4%. However, about one-quarter of trading days in May saw the index move up or down by over 1%, and there...

The Debt Ceiling Explained

The U.S. debt ceiling has circled the news for months, and now we are approaching a more critical scenario. The debt ceiling is the amount of money the U.S. government is authorized to borrow, which is set by Congress. Think...

Capital Market Review – As of April 30, 2023

From stock market returns to economic data, April can be described as a mixed bag. The largest companies in the U.S. had a strong month, climbing 2.5%, while the smallest companies fell about 2.5%. Economic data was much of the...

Capital Market Review – First Quarter 2023

Despite a banking crisis and two more Federal Reserve rate hikes, the S&P 500 Index finished the first quarter 7.5% higher. Growth companies, which were the laggards in 2022, climbed 14% during the quarter, while their value counterparts rose just...

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