SRP News
Quarterly Market Update: Third Quarter 2023
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...
Making the Case for Bonds
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...
Monthly Market Update – August 2023
Quick Hits Markets Pull Back in August Mixed Month for Fixed Income Signs of Slowing Economic Growth Ahead Market Risks Shifting Positive Long-Term Outlook Markets Pull Back in August Equity markets fell in August as investors pulled back from...
Answering Your Questions About the Fitch Downgrade
On August 1, Fitch Ratings—one of the top three international credit rating agencies—downgraded its credit rating for the U.S. government from AAA to AA+, and although this may seem like bad news for U.S. markets, this isn’t likely to have a long-term effect. To...
Quarterly Market Update – Second Quarter 2023
Equity Markets Surge in June June was a strong month for equity markets as resolution of the debt ceiling impasse helped lower uncertainty and supported a risk-on environment. The positive monthly returns capped a solid quarter for stocks. The S&P 500 gained 6.61...
Decoding the Debt Ceiling Crisis: An Update
We've discussed the debt ceiling crisis in past articles, and now it's back in the headlines. What does this mean, and why are we watching itnow? Several months ago, the United States borrowed as much money as it's legally allowed to borrow and, since then, has been...
The Dollar’s Staying Power and Other Reasons Not to Panic!
Presented by Ryan Gomendi In recent weeks, there has been much ado about the dollar. Questions and concerns have arisen about de-dollarization, central bank digital currencies, and what the government might do to your savings. The root of these concerns seems to...
Monthly Market Update – May 2023
After a strong March, financial markets were mixed in April. U.S. markets were up by low single digits, bond markets showed small gains, but emerging markets pulled back. Concerns around inflation and the banking crisis lingered,...
Quarterly Market Update – First Quarter 2023
Market highlights: March results helped all three major U.S. indices end the first quarter of 2023 in the green. Despite mid-March market turbulence caused by strain on the banking industry, economic updates continued to show positive signs of growth. ...
Monthly Market Update – April 2023
U.S. markets were up by low single digits in March. For the quarter, the Nasdaq performed best, followed by international developed markets and the S&P 500. The primary driver was the progress on inflation, which is well below where it...