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September 21, 2020
While stocks continue to consolidate the significant gains made since the March low, we remain encouraged by the unfolding economic recovery.
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Guy LeBas September 16, 2020
September’s FOMC meeting was clearly a dull affair. You can almost imagine the two dozen Fed officials sitting on a Zoom call, just asking one another, “So…what do you want to do?”
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Gregory M. Drahuschak September 16, 2020
After setting an all-time high on February 19, 2020, the S&P 500 fell 35.4% to the March 23 low.
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September 14, 2020
The S&P 500 index experienced its sixth 5%-10% pullback since the March lows last week with the overbought large technology stocks experiencing the biggest pullbacks.
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Michael Halloran September 8, 2020
While stocks are experiencing volatility after strong gains recently, we remain encouraged by the incoming economic data that suggests a sustainable global economic recovery is underway that supports corporate profit growth and ultimately stock prices.
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Michael Halloran August 31, 2020
Stocks had another strong week with the S&P 500 and Nasdaq Composite indexes making new all-time highs.
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Gregory M. Drahuschak August 25, 2020
The third week of August 2020 became part of stock market history as the S&P 500 set new intraday and closing all-time highs on its way above 3,400.
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Michael Halloran August 25, 2020
S&P Dow Jones Indices announced the following changes to the Dow Jones Industrial Average (DJIA) effective prior to the opening of trading on Monday, August 31, 2020: Salesforce.com (NYSE: CRM) will replace Exxon Mobil Corp. (NYSE: XOM), Amgen Inc. (NASD: AMGN) will replace Pfizer Inc. (NYSE: PFE), and Honeywell International Inc. (NYSE: HON) will replace Raytheon Technologies Corp. (NYSE: RTX).
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Mark Luschini August 24, 2020
The chant to invest in overseas equity markets has raged for some time.
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Michael Halloran August 24, 2020
The S&P 500 stock index hit an all-time high last week, powered by positive news on vaccine developments, slowing new coronavirus cases, and strong housing and manufacturing data.
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Gregory M. Drahuschak August 20, 2020
From its February 19, 2020, intraday high at 3393.52, the S&P 500 fell to a 2191.86 intraday low on March 23, 2020, and then 182 calendar days later set a new intraday peak at 3399.54.
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Michael Halloran August 17, 2020
Stocks rose again last week and continue to flirt with the February 19th all-time high.
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Gregory M. Drahuschak August 11, 2020
A generally rising stock market tends to boost most stock prices, but the amount of lift can vary widely.
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Michael Halloran August 10, 2020
The S&P 500 Index rose 2.5% last week and finished just 1% below its all-time high, set before the full onslaught of the pandemic lockdown.
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Michael Halloran August 3, 2020
Stocks rose again last week, supported by better-than-expected earnings and improving global economic conditions.
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Gregory M. Drahuschak August 3, 2020
Equity Market Strategist Greg Drahuschak discusses the breadth of job losses and gains, some economic barometers, and unique features of the situation in 2020.
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Michael Halloran August 3, 2020
Ten major investment themes for the next decade and their economic impact by sector
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Guy LeBas July 29, 2020
The Federal Reserve Open Market Committee followed up three consecutive rate cuts at their July, September, and October meetings with a pause in December.
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Michael Halloran July 27, 2020
Improving business surveys, progress with the U.S. fiscal stimulus package, and EU deal on crisis relief suggest we are now in the early stages of a recovery.
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Michael Halloran July 22, 2020
The relationship between the U.S. and China has been deteriorating for several years as exemplified by the trade war and fallout from the coronavirus pandemic.