The Market Rallies… After a difficult year in 2022, the markets are off to a strong start halfway through 2023. The market rally has been driven in part by the excitement around artificial intelligence (AI) and its potential impact, as well as an economy that’s been resilient. The S&P 500 (500 large US companies) is …
High inflation
3rd Quarter Capital Market Review
The third quarter brought continued market weakness due to concerns about high inflation and the Federal Reserve’s interest rate increases to slow the economy. The Fed has now raised interest rates five times since March and indicated that more increases are coming. The idea that interest rates will stay higher for longer has shaken investors, …
3rd Quarter 2022 SWMG Newsletter
Economic Update It’s been a rocky year for investors for most of 2022 with stubbornly high inflation, rising interest rates, recessionary fears, and the continued war in Ukraine. The market has reentered bear market territory (a decline of more than 20%) after a summer rally. Interest rates have moved higher as investors have digested the …
2nd Quarter Capital Market Review
The difficult start to the year for the markets continued into the second quarter with high inflation, global growth fears, geopolitical concerns, rising interest rates and worries that a recession may be looming. Stocks entered a bear market (a decline of at least 20%) in June. The S&P 500 (US large cap stocks) is down …