Market Perspective provides timely insights into current market events and explains what the latest events might imply for your portfolio and your investment decisions.
Markets have shown signs of stabilizing after suffering a relatively sharp 7%, technology sector-led pullback earlier this month.
Stocks continue their record comeback.
• After the unrelenting move higher over the past five months, the market is becoming stretched to the upside from a short-term perspective.
It is an election year, and emotions are running high.
Our base case outlook remains that we are in a bull market that kicked off in March.
The S&P 500’s second quarter gain ranks as its best quarterly return since 1998 and fourth highest since 1950.