Yearly Archives: 2023

January 2023 Monthly Market Update

Stocks rallied to start the year, with the S&P 500 climbing 6.3% in January. Bullish inflation data and a lower U.S. dollar provided fuel for the rally. The Federal Reserve slowed interest rate hikes to just a 0.25% increase on February 1st. The milder inflation data and slowing pace of interest rate hikes have led… Read More »

December 2022 Monthly Market Update

2022 was the year markets were reminded of the risks posed by high inflation. Unfortunately for investors, this reminder came at a cost. Higher interest rates, intended to address high inflation, had an adverse effect on stock and bond performance. Bond prices move inversely to interest rates, so as rates rise, bond prices fall. The… Read More »