Volatility Is Picking Up as Investor Sentiment Turns More Critical

A striking aspect to the current 2+ year bull market, which has seen the S&P 500 climb over +60% since October 2022, has been the sometimes difficult-to-explain levels of nonchalance by market participants in response to typically worrisome signals in the economy and markets. Core inflation has been mostly flat for six months in a … Continued

Election Results Add Certainty, Uncertainty for Investors

It’s been well-documented that markets crave certainty, and by early Wednesday morning following November’s election, traders were already pricing in a mostly certain outcome of Republican control of both the White House and Congress. As investors, this took off the table one of the markets’ known unknowns — who was going to win the 2024 … Continued

Q2 2024 Review: Markets Keep Dancing to 2023’s Hits, Rotation May Be Brewing

The S&P 500 ended the first half of 2024 up over +15%, in large part driven by the same familiar factors that have pushed the market higher by +24% in 2023, and now over +50% since October of 2022. Optimism surrounding softening inflation, falling interest rates and a productivity boom from artificial intelligence have been … Continued