by lindapowell | Feb 10, 2016 | Economic Updates
Most investors know about the supposed “January effect…” as goes January, so goes the year. That supposition was proven wrong as recently as 2014, when the S&P 500 fell 3.6% in January but ended the year ahead 11.4%. A down January does not even mean a down February: the S&P gained 5.5% in February 2015 in the wake of January losses greater than 3%. So February may bring some calm, and some positive change. Read more in our February economic update.
by lindapowell | Jan 7, 2016 | Economic Updates
January 2016 THE MONTH IN BRIEF Stocks limped to the finish in December. The S&P 500 slumped 1.75% during the month and lost 0.73% for the year. The market rallied when the Federal Reserve raised interest rates for the first time in nearly a decade, but it...
by lindapowell | Dec 7, 2015 | Economic Updates
December 2015 THE MONTH IN BRIEF While the Russell 2000 and Nasdaq Composite advanced significantly in November, the S&P 500 did not – the broad U.S. benchmark rose a mere 0.05%. Terrorists took hundreds of lives in France, Lebanon, Nigeria, Mali and Tunisia...
by cambridgesourcesites | Nov 5, 2015 | Articles, Economic Updates
November 2015 THE MONTH IN BRIEF October was the least dramatic month the stock market had seen in some time – no sudden shocks, very little chance of the Federal Reserve raising interest rates, earnings taking center stage. All this was just what the bulls needed....
by lindapowell | Oct 7, 2015 | Articles, Economic Updates
The Federal Reserve left interest rates alone in September, but that did little to calm investors. Growth worries took the market south again. America’s economic indicators looked good by comparison, but encouraging consumer spending and consumer confidence numbers failed to distract Wall Street.
by lindapowell | Sep 10, 2015 | Articles, Economic Updates
Fears about the health of China’s economy rocked Wall Street and other stock markets last month. Not one consequential foreign benchmark posted an August gain. The housing sector and job creation offered some bright spots but they were not enough to divert attention from China’s economic woes.
