In this month’s recap: Stocks struggled in December on renewed recession fears. U.S. Markets Stocks were under pressure in December on renewed recession fears and concerns that the Fed may keep rates higher than markets anticipated. The Dow Jones Industrial Average lost 4.17 percent for the month, while the Standard & Poor’s 500 Index fell Read the full article…
Monthly Economic Updates
KROST Wealth Monthly Economic Update: December 2022
In this month’s recap: Stocks surge higher as Fed Chair Powell confirms the Fed is prepared to ease up on future interest rate hikes. U.S. Markets Stocks surged higher in November on rising optimism that the Fed would slow down future interest rate hikes. The Dow Jones Industrial Average gained 5.67 percent, while the Standard Read the full article…
KROST Wealth Monthly Economic Update: November 2022
In this month’s recap: Stocks posted big gains in October as “old economy” names reported solid earnings while mega-cap techs struggled. U.S. Markets Stocks posted big gains in October, propelled by better-than-expected corporate reports. The Dow Jones Industrial Average led, gaining 13.95 percent. The Standard & Poor’s 500 Index tacked on 7.99 percent, while the Read the full article…
KROST Wealth Monthly Economic Update: October 2022
In this month’s recap: Stocks dropped as rising bond yields, and recession fears pushed investors to the sidelines. U.S. Markets Stocks trended lower in September as investors retreated in the face of rising bond yields and growing recession fears. The Dow Jones Industrial Average dropped 8.84 percent, while the Standard & Poor’s 500 Index fell Read the full article…
KROST Wealth Monthly Economic Update: September 2022
In this month’s recap: Stocks dropped on renewed fears of higher rates and economic weakening, coupled with some tough talk by the Fed chair. U.S. Markets The Dow Jones Industrial Average dropped 4.06 percent whereas the Standard & Poor’s 500 Index fell 4.24 percent. The Nasdaq Composite lost 4.64 percent.1 A Strong Start August started Read the full article…
KROST Wealth Monthly Economic Update: August 2022
In this month’s recap: Stocks surge on receding inflation and recession worries, and better-than-expected second-quarter earnings. U.S. Markets Stocks posted big numbers in July, erasing some of their first-half losses. Investor sentiment was lifted by receding inflation and recession worries and a better-than-expected start to the second quarter earnings season. The Dow Jones Industrial Average Read the full article…
KROST Wealth Monthly Economic Update: July 2022
In this month’s recap: Stocks fell as growing recession talk prompted investors to manage risk in their portfolios. U.S. Markets Stock prices were lower in June as recession talk prompted investors to manage risk in their portfolios. The Dow Jones Industrial Average lost 6.71 percent, while the Standard & Poor’s 500 Index fell 8.39 percent. Read the full article…
KROST Wealth Monthly Economic Update: June 2022
In this month’s recap: A powerful late-month rally helped recoup losses from earlier in the month. U.S. Markets Stocks were mixed in May as a powerful rally in the final week of trading helped recoup losses from earlier in the month. The Dow Jones Industrial Average picked up 0.04 percent, while the Standard & Poor’s Read the full article…
KROST Wealth Monthly Economic Update: May 2022
In this month’s recap: It was a challenging month for investors as losses in mega-cap tech companies spilled over to the broader market. Presented by Philip Clark, CPWA®,CFP®, CLU®, May 2022 U.S. Markets April was a challenging month for investors as losses in mega-cap technology companies and high-valuation stocks spilled over to the broader market. The Read the full article…
KROST Wealth Monthly Economic Update: April 2022
In this month’s recap: Stocks rallied as the Fed provided greater clarity on monetary policy, and investors became more upbeat about the economic outlook.Presented by Philip Clark, CPWA®,CFP®, CLU®, April 2022 U.S. Markets Greater clarity on monetary policy and improved investor sentiment on the economic outlook propelled stocks to their first monthly gain of the year. Read the full article…