Commonwealth CIO Brad McMillan recaps August’s market and economic news. Last month began with an initial sell-off, but it ended on a positive note as markets rallied. Fed Chair Powell announced it was time to start cutting rates, and stock and bond markets bounced on the news—with the Dow setting a new high. Given the inflation and economic data, can we expect a September rate cut?
Commonwealth CIO Brad McMillan recaps September’s market and economic news. It was a solid month for investors, as falling interest rates supported healthy market returns.
Market Thoughts September 2024
Commonwealth CIO Brad McMillan recaps August’s market and economic news. Last month began with an initial sell-off, but it ended on a positive note as markets rallied. Fed Chair Powell announced it was time to start cutting rates, and stock and bond markets bounced on the news—with the Dow setting a new high. Given the inflation and economic data, can we expect a September rate cut?
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Market Thoughts October 2024
Commonwealth CIO Brad McMillan recaps September’s market and economic news. It was a solid month for investors, as falling interest rates supported healthy market returns.
Market Thoughts August 2024
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