The calendar turned to October and volatility picked up in a big way, with three consecutive 1% moves for the S&P 500 Index to start the month. October gets a bad rap for being a bearish month (it isn’t), but it absolutely owns the title as the most volatile month.
With the fourth quarter underway, 2022 is fast approaching. While a lot can still happen between now and the end of 2021, we don’t think it’s too early to start thinking about what stocks might do next year.
The Federal Reserve ended its two-day meeting yesterday and, as expected, there were no changes to current interest rate or bond purchasing policies. However, the Fed continues to prepare the market for a reduction of bond purchases soon to begin.
Chinese property developer Evergrande’s liquidity crisis has sparked fear and selling in Chinese property stocks over the past several weeks. Could this spark a systemic risk scenario, similar to when Lehman Brothers went under? We don’t think so
Policy-related risks exist that may increase market volatility in the near-term, but the fundamental backdrop for the economy remains strong.
The Covid-19 pandemic was an unprecedented shock to a large majority of global economies, but the economic damage was met with an extraordinary global monetary response.
Stocks are due for a routine pullback. However, we remain steadfastly bullish and this week want to explore five things that some bears believe that do not worry us.
A look at high-frequency data provides us clues on how the Delta variant is affecting the consumer economy.
The term stagflation has been circulating increasingly in the financial media. This week we share a current outlook on stagflation, the misery index, and inflation.
Companies blew by estimates and made strategists and analysts look silly.
