by lindapowell | Feb 6, 2018 | Articles, Economic Updates
February 2018 THE MONTH IN BRIEF Bulls took charge of Wall Street as 2018 began: the Dow Jones Industrial Average rose 5.79% in the first month of the year, even with a mild selloff on the verge of February. Foreign equity benchmarks largely advanced as well....
by lindapowell | Jan 9, 2018 | Articles, Economic Updates
January 2018 THE MONTH IN BRIEF Financially speaking, the last month of 2017 was also the year’s most newsworthy. Congress reformed federal tax law to a degree unseen since the 1980s, the Federal Reserve raised the benchmark interest rate, and bitcoin took its...
by lindapowell | Dec 6, 2017 | Articles, Economic Updates
December 2017 THE MONTH IN BRIEF In November, the S&P 500 gained 2.81% and advanced for a thirteenth straight month – an unprecedented milestone in the index’s long history. Consumer confidence and investor confidence were both abundant, as further...
by lindapowell | Nov 6, 2017 | Articles, Economic Updates
November 2017 THE MONTH IN BRIEF October saw the S&P 500 rise 2.22% in response to results from the fall earnings season, encouraging fundamental indicators, and anticipation of tax reforms. An impressive jump in personal spending complemented excellent readings...
by lindapowell | Oct 13, 2017 | Articles, Economic Updates
October 2017 THE MONTH IN BRIEF In August, investors witnessed a terrible natural disaster and heard threats of war on America, and the S&P 500 still managed to gain 0.05%. September brought two terrible natural disasters and more threats of war on America, and...
by lindapowell | Sep 7, 2017 | Articles, Economic Updates
September 2017 THE MONTH IN BRIEF August brought an overwhelming natural disaster, a threat of war from a foreign dictator, and violence in the streets – so it is little wonder stocks went sideways. The S&P 500 eked out an advance of 0.05% for the month....