Weekly Market Update

Last week’s market highlights, closing
performance,
market indicators and the week ahead.

weekly market update | 2 min read

Wisdom for 2024: Answers to Your Questions

December 4, 2023

This week investors will zero in on Friday’s US jobs data. The economic community expects 158K jobs created in November alongside an unchanged 3.9% unemployment rate and average hourly earnings growth of 4.0% y/y.

weekly market update | 2 min read

Why We Expect Equity Performance to Broaden Out in ‘24

November 27, 2023

It was a short week marked by the Thanksgiving holiday and a four-day cease-fire and hostage exchange in Gaza. Shoppers spent 2.5% more this Black Friday than a year ago, according to Mastercard SpendingPulse.

weekly market update | 3 min read

Wise Investors Should Pay Close Attention to Falling Inflation

November 20, 2023

This week, investors will focus on November’s University of Michigan’s Consumer Sentiment survey, where attitudes about the future and current conditions may have bottomed.

weekly market update | 3 min read

As Goes the Fed, So Goes the Dollar

November 13, 2023

Investors are often surprised to learn the Fed typically shifts from raising rates to lowering them while the economy is still creating jobs. The Fed needs to work with long lead times

weekly market update | 3 min read

Fed Tightening Looks Done

November 6, 2023

The 10-year Treasury yield dropped a whopping 30 basis points to 4.52%. Markets celebrated that it looks as though the Fed’s tightening campaign has run its course.

weekly market update | 2 min read

Trick or Treat?

October 30, 2023

Stocks have been under pressure since July 31 on rising rates, so it’s easy to view the recent market turbulence as a trick. However, we believe this will give way to a treat for investors as earnings grow and interest rates come down in 2023–2024.

weekly market update | 2 min read

Investing in Uncertain Times

October 23, 2023

This week investors will digest 3Q earnings reports from 32% of the S&P 500’s constituents, including some big tech, auto and energy names. This comes on top of the 17% of S&P 500 firms that have already reported.

weekly market update | 2 min read

Earnings, Data, & QA

October 16, 2023

Investors have questions about the Middle East, interest rates, if it is a good time to add to positions, the prospects of a government shutdown, and if policy makers in China are doing enough to improve the economy?

weekly market update | 2 min read

The Argument for Selectivity in SMID

October 9, 2023

The September jobs report came in much stronger than expected with 336K newly minted jobs and 119K in combined upward revisions to the prior two months’ total.

weekly market update | 2 min read

Sentiment Being Tested Even Without a Shutdown

October 2, 2023

Over the weekend, policymakers reached a deal to avoid a government shutdown until November 17.

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Important Information

An investor cannot invest directly in an index. They are shown for illustrative purposes only and do not represent the performance of any specific investment. Index returns do not include any expenses, fees or sales charges, which would lower performance.

The MSCI ACWI (All Country World Index) captures large and mid cap representation across 23 Developed Markets (DM) and 23 Emerging Markets (EM) countries. With 2,483 constituents, the index covers approximately 85% of the global investable equity opportunity set.

S&P 500 Index is an unmanaged, market value-weighted index of 500 stocks generally representative of the broad stock market. An investment cannot be made directly in a market index.

Dow Jones Industrial Average is a price-weighted index of the 30 “blue-chip” stocks and serves as a measure of the U.S. market, covering such diverse industries as financial services, technology, retail, entertainment and consumer goods. An investment cannot be made directly in a market index.

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The MSCI Europe Index captures large and mid-cap representation across 15 Developed Markets (DM) countries in Europe. With 444constituents, the index covers approximately 85% of the free float-adjusted market capitalization across the European Developed Markets equity universe.

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The MSCI Emerging Markets Index reflects performance of large and mid-cap stocks in roughly 20 emerging markets.

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