Stocks whipsawed in Q2-rising in April, falling through May, then recovering in June-but the S&P 500 Index managed a 4.3% gain for the three-month period. Economic reports for the quarter continued to show strength in the U.S. economy, but investors grew concerned over increasing risks og a global slowdown. Stock…
Some uncertainty returned to U.S. equity markets in Q1 as concerns grew about a spike in inflation and the potential for more interest rate hikes from the Federal Reserve. Stocks had some challenging days in February and March, and the S&P 500 Index saw its first quarterly loss in over…
A major rewrite of the U.S. tax code passed in Q4, bringing big changes for individual and business taxpayers. The fiscal stimulus from tax reform should provide a near-term boost to the U.S. economy, which is already humming along at a strengthening clip. U.S. stocks finished 2017 on a strong…