Weekly Economic Update – August 16, 2024

WEEKLY ECONOMIC UPDATE Market Recap – Week Ending Aug. 16 August 19, 2024 Market Updates Stocks Rally After Stronger-Than-Expected Economic Data Overview: Global stacks rallied significantly in last week’s trade, benefitting from stronger-than-expected economic data as well as waning volatility. The S&P 500 index finished the week higher by 4%, while the MSCI EAFE (international developed index)…

Weekly Economic Update – July 12, 2024

WEEKLY ECONOMIC UPDATE Market Recap – Week Ending July 12 July 15, 2024 Market Updates Stocks Continue Rally; CPI Report Below Expectations Overview: Stocks around the world continued their rally last week, led by international developed (MSCI EAFE) and emerging market stocks (MSCI EM), higher by 2.3% and 1.8%, respectively, on the week. In the U.S., the…

Weekly Economic Update – July 5, 2024

WEEKLY ECONOMIC UPDATE Market Recap – Week Ending July 5 July 8, 2024 Market Updates Stocks Move Higher; Investors Encouraged by FOMC Minutes Overview: Stocks across the globe were higher last week, led by international developed (MSCI EAFE) and emerging markets (MCSI EM), which were up 2.2% and 2.0%, respectively, on the week. In the U.S., the S&P…

Weekly Economic Update – July 5, 2024

WEEKLY ECONOMIC UPDATE Market Recap – Week Ending July 5 July 8, 2024 Market Updates Stocks Move Higher; Investors Encouraged by FOMC Minutes Overview: Stocks across the globe were higher last week, led by international developed (MSCI EAFE) and emerging markets (MCSI EM), which were up 2.2% and 2.0%, respectively, on the week. In the U.S., the S&P…