Stocks extended their monthly winning streak to five in July, driven higher by better than expected economic growth and better news on inflation. Here are the returns for the month and the year of key indices. The S&P 500 (SPY) was up 3.2% in July and is now up...
In 2023 cash is definitely trash. Even though we have made tons of progress on tamping down a nasty bout of inflation, inflation remains elevated by historical standards. That means if you are sitting on a lot of cash – the value of your US Dollars is rapidly...
The first half of 2023 is over and stocks delivered a very solid performance. -The S&P 500 (SPY) was up 16% in the first half of the year. -The Dow Jones Industrial Average (DOW) was up 3%. -The NASDAQ 100 (QQQ) gained 40%, its best first half since 1983. -The...
Stocks have been on a roll in June, delivering an impressive string of gains in the last few weeks. In the last month, the S&P 500 (SPY) is up 4% and the tech-heavy NASDAQ 100 (QQQ) is up 8%. With more gains in hand, stocks are having a great year. The S&P 500...
The S&P 500 (SPY) just logged another strong month, gaining more than 3% in May and early June on a resolution of the debt ceiling and a better than expected jobs report. The NASDAQ 100 (QQQ) led the way again, up 10% in the last month. The Vanguard Global Stock...