September Economic Update
Hazards remained on the horizon last month, but that didn’t stop stocks from advancing – the S&P 500 rose 1.98% in August. Read more in the September economic update.
August Economic Update
Some good news as July ends. Housing sector analysts had gotten used to the S&P/Case-Shiller Home Price Index bringing depressing data and gloomy analysis, so the May edition was a real surprise – prices rose in all 20 metro markets with a 2.2% composite gain. (In fact, it was the best month the index had seen in over a decade.) Read more in our monthly economic update.
July Economic Update
June was full of developments, some hardly expected. Buoyed in particular by the Greek elections and the EU summit, the Dow gained 3.93% for the month. The housing sector seemed more promising than other sectors of the economy. June could have been a terrible month for stocks; instead, it turned what would have been a dismal quarter into a merely lackluster one.
June Economic Update
After the worst month for stocks in two years, the major U.S. indices were all still in the black YTD. Read more in the June Economic Update.
May Economic Update
Will May be a decent month for stocks? Looking past the old warning to “sell in May and go away”, we see that the fifth month of the year has been a pretty good month in recent market history.
Retirement Investing After the Bear
The recession keeps older investors out of stocks, but younger workers keep the faith.