2023 3rd Quarter Market Review
After a rally in July, the S&P 500 turned lower registering a negative return of -3.27% for Q3 but still positive on the year ending the third quarter at 13.06%1. Inflation has meaningfully slowed since the June 2022 multi decade high of 9.1%1 Any hopes of a sustained rally on cooling inflation in the third […]
Q1 2023 Market Summary
MARKET PERFORMANCE After a year of historic double-digit losses in both equities and fixed income in 2022, stocks and bonds delivered positive returns in the first quarter of 2023. The S&P 500 Index returned 7.50% and the Bloomberg U.S. Aggregate Bond Index returned 2.96%, a solid start for both benchmarks. Growth stocks, led primarily by […]
