March Economic Update
As February ended, a central question seemed to preoccupy Wall Street: “When will the Dow hit a new record high?” Nothing seemed to shake the Street’s upbeat mood. Read more in the March Economic update.
February Economic Update
The S&P 500 opened 2013 with its best month since October 2011 – and its biggest January gain in percentage terms since 1997. In fact, stocks around the globe had a great month – and so did oil. Read more in our February economic update.
January Economic Update
Our economy doesn’t revolve around a single issue – but in December, it almost seemed as if it did. Households, businesses, economists, financiers, journalists and politicians all worried that America would fall off the “fiscal cliff” come January 2. In the wake of the crisis, stocks showed remarkable resilience – the S&P 500 actually gained 0.71% in December. Read more in our January economic update.
December Economic Update
Anxiety was prevalent, yet the S&P 500 managed to gain 0.29% for the month of November. The latest economic indicators were encouraging enough to distract investors from worries about 2013. Read more in our December economic update.
November Economic Update
The nation’s two most-watched consumer polls showed confidence rising: the Conference Board’s October survey improved 3.8 to a mark of 72.2 (the highest since February 2008) and the University of Michigan’s final October survey rose to 82.6, a 61-month peak. Consumers were in a buying mood, and they weren’t just spending more of their incomes on gasoline. Read more in the our November economic update
October Economic Update
September historically has been the poorest month of the year for stocks, however this year the Dow Jones Industrial Average logged its third best monthly gain of 2012. Read more in our October economic update.