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Monthly Market Update - October 2025
The forward-looking stock market had its eye on two main factors in September: the increasing likelihood of a government shutdown and the Federal Reserve’s interest rate policy. The Federal Reserve piece proved to be the more compelling as the Fed cut rates by a quarter point on September 17, with a consensus that more cuts would be imminent.
Read MoreWeekly Mosaic Update
The Weekly Mosaic contains the latest market and economic news and data, including what to watch in the coming week, index returns, and current positioning of Mosaic model portfolios.
Read MoreReinhart Week in Review by Madison Investments 10.03.2025
The federal government shutdown has closed non-essential services, though markets have largely shrugged it off so far. But it has also delayed the release of key labor market data, leaving the Fed unlikely to act without more complete data.
Read MoreReinhart Week in Review by Madison Investments 09.26.2025
Stronger-than-expected Q2 revisions support the Fed moving more slowly to cut rates. With inflation still running above target, the Reinhart Fixed Income Team unpacks what the latest data could mean in the Week in Review.
Read MoreReinhart Week in Review by Madison Investments 09.19.2025
The Fed cut rates by 25 basis points this week, shifting toward a more neutral stance as it balances inflation risks with growing labor market concerns. Meanwhile, retail sales came in stronger than expected.
Read MoreReinhart Week in Review by Madison Investments 09.12.2025
August inflation came in higher than expected, raising questions for the Fed’s rate-cutting plans. Meanwhile, political tension in France adds to global uncertainty. The Reinhart Fixed Income Team examines these developments in the Week in Review.
Read MoreMonthly Market Update - September 2025
As Wall Streeters took their August vacations, the stock market drifted higher, with the S&P 500 moving up 2.0%, taking the year-to-date return into double digits at 10.8%. The market gains were in many ways contrary to this year's trends, with the year’s weakest sector, Health Care, jumping 5.4% and Technology up just 0.3%.
Read MoreReinhart Week in Review by Madison Investments 09.05.2025
U.S. job growth slowed sharply in August, coming in well below expectations and strengthening the case for a September Fed rate cut. Meanwhile, an appeals court ruling adds more uncertainty to U.S. tariff policy.
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“Madison” and/or “Madison Investments” is the unifying tradename of Madison Investment Holdings, Inc., Madison Asset Management, LLC (“MAM”), and Madison Investment Advisors, LLC (“MIA”). MAM and MIA are registered as investment advisers with the U.S. Securities and Exchange Commission. Madison Funds are distributed by MFD Distributor, LLC. MFD Distributor, LLC is registered with the U.S. Securities and Exchange Commission as a broker-dealer and is a member firm of the Financial Industry Regulatory Authority. The home office for each firm listed above is 550 Science Drive, Madison, WI 53711. Madison’s toll-free number is 800-767-0300.
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Non-deposit investment products are not federally insured, involve investment risk, may lose value and are not obligations of, or guaranteed by, any financial institution. Investment returns and principal value will fluctuate.
This website is for informational purposes only and is not intended as an offer or solicitation with respect to the purchase or sale of any security and is not investment advice.
Any performance data shown represents past performance. Past performance is no guarantee of future results.
Non-deposit investment products are not federally insured, involve investment risk, may lose value and are not obligations of, or guaranteed by, any financial institution. Investment returns and principal value will fluctuate.
This website is for informational purposes only and is not intended as an offer or solicitation with respect to the purchase or sale of any security and is not investment advice.