Category: Market Updates

Capital Market Review – August 2023

The summer stock market rally came to a halt in August. As volatility increased, the S&P 500 Index ended the month 1.6% lower than it began. The only S&P 500 sector ending the month higher was energy, while utilities brought...

The Current Economy: “It was the best of times, it was the worst of times…”

“It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season...

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...

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