In this month’s recap: Stocks stumbled as investors worried that the Fed would maintain its tight monetary posture due to ongoing inflation. U.S. Markets Stock prices stumbled in February owing to growing worries that the Fed would maintain its tight monetary posture in the face of continuing inflation. For the month, the Dow Jones Industrial Read the full article…
Monthly Economic Updates
KROST Wealth Monthly Economic Update: February 2023
In this month’s recap: Investors were in a buying mood thanks to moderate inflation, a better-than-feared earnings season, and healthy economic data. U.S. Markets Stocks rallied in January as moderating inflation, a better-than-feared earnings season, and healthy economic data put investors in a buying mood. For the month, the Dow Jones Industrial Average rose by Read the full article…
KROST Wealth Monthly Economic Update: January 2023
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…
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…