Brad McMillan, Commonwealth’s CIO, recaps October’s market and economic news. U.S. indices were down for the third consecutive month, with the Nasdaq doing the worst. International markets also pulled back, and fixed income was down. Despite the market performance,...
Quick Hits Tricks Not Treats for Markets in October Fixed Income Falls Economy Grows but Shows Signs of Slowing Housing Continues to Slow Risks to Monitor Outlook Broadly Positive Tricks Not Treats for Markets in October Equity markets continued to...
Quick Hits September Sell-off Caps Challenging Quarter Fixed Income Falters as Rates Rise Economic Growth Continues Shutdown Uncertainty Highlights Continued Market Risks Solid Foundation for the Fourth Quarter September Sell-off Caps Challenging Quarter Equity...
What a difference a couple of years makes. At the end of 2021, interest rates were at rock bottom, and banks offered savers little more than crumbs. Fast forward to today, and the Federal Reserve has lifted interest rates north of 5%. Interest rates on savings...
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