Market Recap – Week Ending 03.26.21

Market Recap – Week Ending 3.26.21 Overview:  Stocks across the globe were mixed last week, with international equities negative while stimulus-driven optimism in the US markets helped propel stocks higher. The S&P 500 Index was up 1.6% for the week, as interest rates stabilized and the economy continues to show signs of recovery. U.S. jobless […]

Mid-Week Market Minute 3.24.21

Market Minute

Stocks across the globe were generally lower this week but remain firmly in positive territory for the year. Over the past few days, we saw a reversal in recent trends as large cap stocks outperformed small caps, and growth outperformed value. Domestically, investors continue to grapple with rising inflation expectations and the implications for bond […]

Weekly Market Recap 3.19.21

Weekly Market Recap 3.19.21 Overview: Stocks across the globe were generally lower last week, but remain firmly in positive return territory for the year. All three major indices that Avantax Planning Partners’ monitors weekly, i.e. the S&P 500 Index, international developed (MSCI EAFE) and emerging markets (MSCI EM) are up around 4-4.5% for the year-to-date. Volatility has continued in the markets, as […]

Mid-Week Market Minute 3.17.21

Market Minute

All eyes were on the Federal Reserve this week as the central bank concluded its meeting on Wednesday. As expected, the Fed unanimously voted to keep target short-term interest rates near zero, while continuing the $120 billion asset purchase program. Markets reacted positively to the announcement, noting the Fed’s upgraded GDP growth estimate along with […]

Market Recap – Week Ended 03.12.21

Market Recap – Week Ended 03.12.21 Overview: Stocks were higher across the globe last week as fiscal and monetary stimulus continued to take center stage. In the U.S., President Biden signed the $1.9 trillion “America Rescue Plan” bill. In Europe, the European Central Bank (ECB) announced the intention to increase the pace of the purchase of securities […]