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Q4 2023: Turning Dovish

Q4 2023: Turning Dovish

In growing anticipation of a potential Fed easing, bond yields trended lower and stocks moved higher in the final three months of the year. Though the end results were satisfying, the quarter began in bleak fashion. Bond yields rose to heights not seen in more than a...
Q3 2023: Ups and Downs

Q3 2023: Ups and Downs

The strong price momentum experienced during the first half of 2023 continued into the start of the third quarter as stocks rose in July. Better-than-expected second-quarter earnings reports helped fuel the gains along with cooling inflation and a growing belief that...
Q2 2023: Optimism Grows

Q2 2023: Optimism Grows

Investor confidence grew in the second quarter as most economists delayed the likelihood of a recession into 2024. This optimism led to an expansion in stock gains, driven almost solely by Big Tech. Without the exceptional returns delivered by Apple (AAPL), Microsoft...