by lindapowell | Aug 8, 2016 | Articles, Economic Updates
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,...
by lindapowell | Jul 7, 2016 | Articles, Economic Updates
July 2016 THE MONTH IN BRIEF In June, an overseas referendum affected American stocks more than any domestic event. The United Kingdom unexpectedly voted to leave the European Union, and news of the Brexit rocked financial markets worldwide. Even so, the...
by lindapowell | Jun 6, 2016 | Articles, Economic Updates
June 2016 THE MONTH IN BRIEF Investors did not exactly “sell in May and go away” – the S&P 500 gained 1.53% last month. Oil prices settled into a sweet spot of sorts; they were high enough to soothe analysts, but not so high as to portend gas price spikes for...
by lindapowell | May 4, 2016 | Articles, Economic Updates
May 2016 THE MONTH IN BRIEF The S&P 500 managed to advance 0.27% in April as many companies beat earnings and revenue forecasts. Some important commodities posted remarkable monthly gains. Existing home sales rebounded, and manufacturing seemed to have recovered...
by lindapowell | Apr 5, 2016 | Articles, Economic Updates
April 2016 THE MONTH IN BRIEF The bulls ran back to Wall Street in March; the Dow, Nasdaq, and S&P 500 all gained more than 6% for the month, with the Dow and S&P returning to positive territory for the year. Oil prices continued to recover. The Federal...
by lindapowell | Mar 10, 2016 | Articles, Economic Updates
March 2016 THE MONTH IN BRIEF After a miserable January, the Dow Jones Industrial Average managed to gain 0.30% in February. While stock markets around the world struggled to advance, gold and oil rallied to a remarkable degree. U.S. economic indicators...
