Insights

Stocks overcome uncertainty to notch another strong year.

The S&P 500 hit record highs while the Nasdaq lagged. The Fed cut interest rates for the first time since 2020, and both small cap and value stocks outperformed this quarter.

Is Fed news a reliable guide for investments? Markets often price in expectations ahead of official announcements.

Stocks maintain momentum at year’s halfway point.

In 2023, stocks soared and bonds rebounded from 2022's losses, led by tech sector gains and growth stocks in the US. Value stocks showed strength internationally, highlighting the benefits of global diversification.

In the first half of 2023, stocks rebounded from their worst year since 2008, inflation fell to half its 2022 peak, and AI captured investors' attention, fueling a bounce in tech stocks.