The Benefits of Staying Calm Through Market Volatility
By Ellen Hazen, CFA®, Chief Market Strategist September Takeaways: Inflation continued to ease with the Consumer Price Index increasing at 2.5%, down from 2.9% in the prior month The Federal Reserve (“Fed”) reduced interest rates. Mid-month, the Fed reduced its overnight interest rate by 0.5%, the first cut in over four years. Currently the market […]
Time IN the Market, Not Timing the Market
By Ellen Hazen, CFA®, Chief Market Strategist August Takeaways: Economic data was mixed. New jobs created in the month of July (reported in early August) were below expectations, at only 114,000, compared to expectations of 175,000. Moreover, revisions to the prior twelve months’ estimates were a combined negative 818,000, indicating that previously reported numbers were […]
Can Small Caps Catch Up?
By Ellen Hazen, CFA®, Chief Market Strategist July Takeaways: Small-capitalization US equities sharply outperformed. During the month of July, the S&P SmallCap 600 Index appreciated 10.8%, while the S&P 500 Index appreciated only 1.2%. Year-to-date, the larger company index is still well ahead of the small-cap index, at +16.7% vs +10.0%, but the 6.7 percentage […]