Market Turbulence Picks Up as Higher-for-Longer Narrative Takes Hold

The S&P 500 fell more than -4% in April as markets grappled with significant changes to expectations around interest rate cuts in 2024, following a third disappointing inflation report in a row to start the year. These reports have shown inflations decline essentially flat lining since last fall, with markets gradually moving their rate cut … Continued

Q1 2024 Review: Great Quarter for Stocks, But Rain Clouds Are Forming

The S&P 500 gained over +10% in the first three months of 2024, extending a rally going back to October 2022, during which the index has now gained over +40%. Optimism around a resilient U.S. economy, declining inflation, and new technology innovations such as artificial intelligence have all helped drive the market higher through this … Continued

Q4 Has Been Choppy for Stocks, with Bond Market Driving Most of the Action

As a forgettable October came to an end, the S&P 500 rallied in the final week for its best weekly performance since November 2022 — and continued the rally into November, gaining in 9 of 10 trading days through November 10. The rally kicked into gear following the Federal Reserve’s November 1 meeting, where comments … Continued

Third Quarter Review: Yields Spike, Stocks Slump as Fed Signals Higher Rates for Longer

September lived up to its reputation as a tough month for stocks, as markets across the board struggled and the S&P 500 finished down nearly -5% for the month. The U.S. 10-year treasury yield spiked to levels not seen since 2007, and the popular 30-year fixed rate mortgage rose to its highest level since 2000, … Continued

Investment Stewardship Impact Update 2023

2023 has been an eventful year for impact-focused investors. Following years of increased participation and interest in responsible investing, in recent months there has been some push back on these strategies. Critics have argued that investors should consider only financial factors and metrics when evaluating companies for investment, and should not factor in potential risks … Continued