This report features world capital market performance and a timeline of events for the past quarter. It begins with a global overview, then features the returns of stock and bond asset classes in the US and international markets.
Dear Friends, Merry Christmas, Happy Hanukkah, and Seasons Greetings to you and your families!
Last month, following the July 31 Federal Open Markets Committee‘s (FOMC) decision to cut interest rates by 0.25%, we sent a Special Market Update describing the Fed’s return to monetary stimulus, and described how this type of action was meant to protect the US economy from the risk of a recession.
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Over the course of a summer, it’s not unusual for the stock market to be a topic of conversation at barbeques or other social gatherings.