by David Dirks | Oct 31, 2024 | Market Commentary
Global markets continued their upward trajectory in the third quarter of 2024, as both stocks and bonds gained. In the US market, all eyes were on the Federal Reserve as they prepared to make the first cut to the federal-funds rate since 2020. The Fed’s cut, which...
by David Dirks | Jul 30, 2024 | Market Commentary
Global markets ended the second quarter mostly higher, with large US stocks gaining ground as stocks related to artificial intelligence (“AI”) rallied in the second quarter. At the same time, some other market sectors slightly retreated amid increased concern about...
by David Dirks | Apr 30, 2024 | Market Commentary
Global stock markets continued rising in the first quarter of 2024, extending last year’s gains. The S&P 500 index of large US stocks led the way among major indexes, with a 10.6% gain for the quarter. Inflation continues to decline, albeit more slowly, and 2024...
by David Dirks | Jan 30, 2024 | Market Commentary
Investors finished 2023 in a good mood. Inflation is down, employment is up, and corporate earnings are expected to grow strongly next year for companies in the S&P 500 Index. Concerns that seemed top of mind at the end of the third quarter, including a UAW...
by David Dirks | Oct 19, 2023 | Market Commentary
At the start of the third quarter, markets continued the rebound we had seen year-to- date and broadened beyond the technology sector that had been driving the market through midyear. However, as the quarter went on, the Federal Reserve indicated in several...
by David Dirks | Jul 15, 2023 | Market Commentary
Plum Street Advisors 2023 Q2 Commentary During the second quarter of 2023, the market continued its rebound from 2022’s declines. The foundations of the economy continued to stabilize as price and interest rate increases leveled off, while at the same time investor...
