Expecting the S&P 500 Index to build on Monday’s 0.8% advance through the rest of this quarter may be wishful thinking, based on history. The index had its worst performance in the third quarter between 1980 and 2018. Gains in the third quarter averaged 0.3%, far below the comparable figures of 2.6% for the first … Continue reading Earnings
Is there's room for the record-setting rally in U.S. stocks to get even broader?
The S&P 500's dropped below 2,800 last week, was it a bear trap?
U.S. stocks and bonds are tracking each other’s moves more closely as speculation builds that the Federal Reserve is due to start cutting interest rates. This shift is reflected in the 120-day correlation between the S&P 500 Index and the yield on 10-year notes, as compiled by Bloomberg. The indicator closed Wednesday at 0.52, its … Continue reading S&P and Treasuries