The timeless Wall Street saying, "Every bull market climbs its own wall of worries," seems to capture the essence of today's market landscape perfectly. With the fourth quarter underway, we urge investors to stay vigilant and avoid assuming the recent gains will persist without turbulence.
Last month, the Federal Reserve cut its benchmark rate—the fed funds rate—by a quarter-percentage point to 4.00–4.25%. It is the first rate cut since last December. Fed officials left the door open to one or two more rate cuts before the year is over. The reduction in the fed funds rates surprised no one...
August and September have historically been the worst months for investors, specifically as measured by S&P 500 data compiled by the St. Louis Federal Reserve. Since 1970, August has averaged an advance of just 0.13% (through 2024), the second-worst month, while September has...
Amid an onslaught of anxieties over tariffs, the economy, and geopolitical challenges in the Middle East, investors brushed aside worries and drove the S&P 500 Index and the Nasdaq Composite to record closing highs on the final two trading days of June, according to data provided by MarketWatch.
Aggressive tariff policies triggered significant market volatility amid a sharp early April selloff, which was followed by a sharp rebound when the most severe tariffs were delayed.
Stocks began the month on a steep downward trajectory, experiencing losses reminiscent of the early pandemic lockdowns. However, by the end of the month, shares had managed to erase most of the early losses.