Market Updates

Equities extended their advance through October with the S&P 500 gaining 2.3% on the month to bring its YTD return to 17.5%. more

Equities extended their gains through the end of September, with the S&P 500 rising 3.7 percent in the month bringing it to 14.8 percent on the year. Leadership continued to come from large-cap... more

Markets extended their gains through the end of August, with the S&P 500 rising 2.0% during the month, up 10.79% year to date. more

Equity markets advanced in July, with the S&P 500 increasing 2.2% to fresh record highs, powered by healthy second-quarter earnings and ongoing leadership from technology and AI-related sectors. U.S. Treasury yields moved slightly... more

June added to the reward for equity market investors who held steady throughout the tariff induced volatility of early April as the overall economy remained resilient and policy developments created incremental positive momentum. more

The month of May rewarded equity market investors who held positions through the tariff panic lows of April. Global trade remained in flux but court battles, the TACO trade, and political pressure allowed... more

U.S. policy, equity markets, and interest rates swung widely during April triggered by a “Liberation Day” declaration by President Trump on April 2nd. more

Uncertainty around Trump administration policies began to pressure U.S. stocks and the USD in February while European banks and defense stocks led the way. Meanwhile, stimulus talks and some business friendly narratives from... more

Risk markets in January rebounded from a choppy December, starting the year off with healthy gains across global equity markets. Interest rates closed the month exactly where they began, with 10yr UST yields... more

Key market drivers in November included a good deal of geopolitical developments and a relatively supportive economic calendar which maintained the “no landing/soft landing” consensus in the U.S. Overall financial conditions continued to... more