By: Wade Austin
Markets experienced increased volatility in August, mainly due to a spike in bond yields.
Entering 2023, the consensus view among economists was that a recession was a near certainty by year-end.
While the debt ceiling drama in Washington dominated national news, Mr.
Although fans of Tobacco Road teams were disappointed with this year’s results, the men’s and women’s NCAA basketball tournament once again delivered March Madness, spiced with tense moments and numerous upsets.
Investor optimism returned to global equity and bond markets in January after both asset classes suffered their worst returns in over a decade last year.
2022 was a dismal year for markets and one most investors would love to forget.
On the heels of one of the worst Septembers on record, U.S.
A growing consensus of investors felt equities’ June lows were behind us after the S&P 500 cut its YTD losses in half by mid-August.
The summer rally (that began mid-June, gained impressive momentum in July, and broadened during early August) lifted asset prices across the board.