For April, the NASDAQ finished positive 0.37% and sits positive year-to-date 16.92%. The S&P 500 was positive 1.39% is positive year-to-date 8.91% while the Dow gained 1.84% and is up 3.24% year-to-date. The Federal Reserve reported in April that the M2 measure of...
Nothing about the first quarter’s performance was linear. The broad-based S&P 500 seesawed throughout the quarter, ending January on a high note before tumbling in February, rising again in March, 3.51%, and ultimately ending the quarter up about 7%. The...
For February, the NASDAQ finished down 3.05% and sits positive year-to-date 10.29%. The S&P 500 was negative 2.61% but remains positive year-to-date 3.40% while the Dow lost 4.44 in February and is down 2.91% year-to-date . Using M2 growth, alone, and Milton...
2023 February 1: Williams Steinert Mask knows that as we enter the year 2023, we are dealing with inflation and its impacts on central banks that were behind the curve and forced to firmly react on growth which put recession in question and put pressure on risk assets...
Goodbye 2022 – As we entered the year 2022, we dealt with old and new exogenous shocks, a pandemic becoming and endemic, and a conflict between Russia and Ukraine. But the year quickly became about inflation and its impacts on central banks that were behind the curve...
Are we now entering the next bull market? The Nasdaq gained 11.48% over the past month, bringing its YTD loss to (26.3%). The S&P 500 gained 10% bringing its YTD return to (14.01%) and the Dow gained 7.97% bringing its YTD returns to (4.93%). Last month we wrote,...