What Will the Election Do to the Market?

Will volatility seize Wall Street? Or will calm prevail?   Wall Street has had a rather calm summer. How about fall? Will volatility increase before and after Election Day?  So far, the market is performing roughly in line with historical patterns. In 19 of the...

September Economic Update

  September 2016   THE MONTH IN BRIEF How calm was August? Very. At the close on August 31, the S&P 500 had not moved 1% up or down in a trading session since July 8. The latest round of U.S. economic indicators showed a healthy labor market, solid consumer...

August Economic Update

  August 2016   THE MONTH IN BRIEF The post-Brexit bounce turned into a sustained rally across July. Second-quarter earnings were not as gloomy as anticipated, and core economic indicators often matched or surpassed expectations. Housing news was generally good,...