The drama characterizing the first half of 2023 may abate, with potentially milder returns for investors due to the effects of the Cardboard Box Recession.
The measure ends weeks of negotiation and unease about a potentially catastrophic government default.
The concentration of gains up the cap spectrum isn't itself a precursor to weakness; it's the lack of participation from the "average stock" that warrants some caution.
While we don't expect the U.S. government to default, the uncertainty may heighten market volatility in coming days. Here are answers to some of the questions we're hearing most often.
Although few nations have a debt ceiling similar to the U.S.', rising government debt levels are a widespread global risk that may lead to lower economic output and weaker growth.
Bonds issued by government-sponsored enterprises can offer slightly higher yields than U.S. Treasuries, without requiring investors to take on too much additional risk.
Banks and financial institutions are big issuers of preferred securities, so the recent banking industry volatility has had an impact. Our guidance on preferreds is unchanged but with some caveats.
Analysis shows an extraordinary range of outcomes since the S&P 500's inception in 1928.
As the credit market grows more stringent, investors should consider high-quality, longer-term bonds. Here are some fixed-income strategies.
Political brinkmanship in Washington adds to concerns about the economy.
The central bank likely won't have enough reason to hike rates again this cycle. In fact, we wouldn't be surprised to see one or two rate cuts later this year.
Shifts in the labor market due to monetary policy tightening would see lagged effects that may not aid central banks' efforts to materially affect core inflation by year's end.
Equities rise as jobs surprise the upside. The U.S. jobs market remains resilient as nonfarm payrolls beat expectations in April.
With unanimity, the Federal Open Market Committee raised the Fed funds rate by 25 basis points in May and signaled that further tightening will depend on various economic factors.
Leadership shifts at the sector and style levels warrant some additional caution, as well as a closer look as to what investors are buying when it comes to "growth vs. value."
Although investing in in-state municipal bonds may have tax advantages, there can be good reasons to buy out-of-state munis.
Although the House narrowly approved a bill designed to jumpstart negotiations, the issue is far from resolved.
China’s domestically driven economic growth has not yet translated to Emerging Market stock performance, which has tended to have been weighed down by international political tensions.
Corporate bond investors may be wondering if banking sector turmoil will affect financial institution bond issuers. Here's what to know now.
What does a potential change in Federal Reserve policy mean for markets and the economy?
Although central banks may be near the end of the rate hike cycle, short-duration stocks may still be an attractive investment theme should interest rates remain at higher levels.
Trading might be muted today as the market pivots, awaiting earnings and inflation data this week.
In the face of banking stress and a hawkish Federal Reserve, stocks have advanced impressively so far this year, but narrow breadth doesn't bode well for continued strength.
Natural gas prices remain in their steep price decline as the prospects for a large gas surplus heading into the spring is keeping buying interest at bay.
Stocks built on overnight gains and Treasury yields inched lower following today's relatively benign February PCE inflation data.
The Senate Banking Committee held a hearing to investigate the collapse of Signature Bank (SBNY) and Silicon Valley Bank (SIVB/SIVBQ) that brought to discussion possible changes for the entire banking system.
As we discussed last week in Looking to the Futures, natural gas prices have been plagued by the perfect storm of lower demand and higher production throughout the withdrawal season.
Stocks fell and volatility rose this morning as banking sector worries persist.
U.S. stocks climbed for a second straight day Tuesday, with the tech-focused Nasdaq Composite ending near a five-week high, as jitters over bank instability eased.
U.S. equities are lower as pressure has returned to the banking sector, which remains top of mind.
What our experts think about today's market action.
U.S. stocks are falling in pre-market trading as recent banking turmoil on this side of the pond made its way to Europe.
U.S. stocks are extending last week's sharp declines that have come amid worries regarding the ultimate impact on the banking sector of the recent collapses of SVB Financial and Silvergate Capital.
U.S. equities are modestly higher in pre-market action following the February labor report that was only modestly above estimates.
U.S. stocks are higher, paring weekly losses though the markets remain choppy following this week's hawkish Congressional testimony from Fed Chairman Jerome Powell.
Given the topsy-turvy nature of the market thus far in 2023, it remains crucial for investors to know what they are buying—especially as it relates to growth, value, and quality.
U.S. stocks are subdued in pre-market action as the global markets remain choppy amid the backdrop of uncertainty regarding the ultimate impact of aggressive monetary policy tightening.
The S&P 500 is rising after falling the past four sessions as equites have shown some volatility amid festering uncertainty regarding the ultimate economic impact of aggressive global central bank tightening.
Investors continue to seek signs of a change in season—and clues about how the Federal Reserve might react to it.
Stocks mixed around mid-day as investors digest data.
Corn futures traded higher to start the month with weekly USDA data showing an increase in exports week over week.
Stocks lower as investors digest data, Fed commentary.
Monday’s trading saw oil rise as traders digested China’s return in demand against a continued supply strain and slower growth in world economies.
The April Live Cattle futures, LCJ23, rallied as traders digested the United States Department of Agricultures (USDA) Cattle inventory report.
U.S. stocks declining, as the markets trim a strong start to 2023 ahead of this week's host of key economic and earnings data, as well as the Fed's monetary policy decision.
U.S. equities finished mixed in a lackluster trading session, as Q4 earnings season shifted into a higher gear today.
U.S. stocks are extending a late last-week rally, with Q4 earnings season set to shift into high gear.
U.S. equities are higher, as the markets look to get back to their winning ways after a two-day losing streak.
U.S. equities are lower in pre-market trading with the Street digesting a slew of results from the banking sector to kick off Q4 earnings season.
U.S. stocks are choppy as the markets wrestle with the implications of a highly anticipated December consumer price inflation report that showed the headline figure declined but the core rate rose, both in line with expectations.