September 2016 Monthly Economic Update
The Month in Brief How calm was August? Very. At the close on August 31, the S&P 500 had not moved 1% up or down in a trading session since July 8. The latest
August 2016 Monthly Economic Update
The Month in Brief The post-Brexit bounce turned into a sustained rally across July. Second-quarter earnings were not as gloomy as anticipated, and core economic indicators often matched or surpassed expectations. Housing news was generally
July 2016 Monthly Economic Update
The Month in Brief In June, an overseas referendum affected American stocks more than any domestic event. The United Kingdom unexpectedly voted to leave the European Union, and news of the Brexit rocked financial markets
Why the Brexit Should Not Rattle Investors
Uncertainty is the hobgoblin of financial markets. Right now, investors are contending with it daily as the European Union contends with the United Kingdom’s apparent exit. Globally, many institutional investors have responded to this uncertainty
June 2016 Monthly Economic Update
The Month in Brief Investors did not exactly “sell in May and go away” – the S&P 500 gained 1.53% last month. Oil prices settled into a sweet spot of sorts; they were high enough