Let us begin by briefly reflecting on the point that contributed to the worst first half of a year for equity markets since 1972. The May inflation reading of 8.6% exceeded expectations and caused a swift reaction from the Federal Reserve. The 75-bps rate increase...
Equity markets navigated a partial recovery from recent lows as the First Quarter closed in the red. The S&P 500 was down4.6% as global concerns continue to cast an ominous shadow on capital markets. In addition to lingering reports on the status ofCOVID-19 cases,...
The last quarter of 2021 started on a positive note as we recovered from a downturn during the month of September. Despitethe lack of complete answers to issues such as inflation, the direction of the Federal Reserve and the mystery that is the labormarket, the belief...
