by lindapowell | Feb 8, 2017 | Articles, Economic Updates
February 2017 THE MONTH IN BRIEF Stocks advanced again in January. The Dow Jones Industrial Average closed above 20,000 for the first time, and the S&P 500 gained 1.79% on the month. As January ended, politics took center stage: investors focused...
by lindapowell | Jan 4, 2017 | Articles, Economic Updates
January 2017 THE MONTH IN BRIEF While the Dow Jones Industrial Average did not top 20,000 in December, it did advance nicely, gaining 3.34%. The Federal Reserve took its interest rate target to 0.50-0.75%, adjusting the federal funds rate for just the second...
by lindapowell | Dec 5, 2016 | Articles, Economic Updates
December 2016 THE MONTH IN BRIEF November was certainly newsworthy, presenting investors with three historic moments. First, Donald Trump won the presidency in a stunning upset that confounded political analysts. Next, the stock market rallied spectacularly after...
by lindapowell | Nov 2, 2016 | Articles, Economic Updates
November 2016 THE MONTH IN BRIEF Bulls were reined in during October. The S&P 500 lost 1.94% as Wall Street responded unenthusiastically to the fall earnings season. Even though much of the economic news that emerged in October was good, investors saw an interest...
by lindapowell | Oct 5, 2016 | Articles, Economic Updates
October 2016 THE MONTH IN BRIEF Investors had plenty of news to absorb in September: the latest monetary policy statement from the Federal Reserve, the Wells Fargo fiasco and the crisis involving Deutsche Bank, and a major deal forged between OPEC member...
by lindapowell | Sep 7, 2016 | Articles, Economic Updates
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...
