commentary
Reinhart Week in Review by Madison Investments 01.24.2025
Municipal bond issuance reached a record of $507 billion in 2024 - almost 32% higher than in 2023. This week’s Week in Review discusses issuance projections for 2025 and recent policy rate changes by The Bank of Japan.
Read MoreReinhart Week in Review by Madison Investments 01.17.2025
The Reinhart Fixed Income Team explores how December’s lower-than-expected CPI data, strong 2024 retail sales, and global economic challenges could influence market trends in this Week in Review.
Read More2024 Year-End U.S. Equity Letter from Haruki Toyama
Haruki Toyama, Portfolio Manager and Head of Large and Mid Cap Equity, shares his perspective on market performance, the 'Elite Eight', and new investments.
Read MoreReinhart Week in Review by Madison Investments 01.10.2025
With inflation above target and the labor market exceeding expectations, with 256,000 jobs added in December, the pace of future rate cuts remains unclear. In this Week in Review, the Reinhart Fixed Income Team examines these developments and discusses the potential effects of income tax reductions across nine states.
Read MoreQ4 2024 Market & Economic Review
Download our quarterly communication with market and economics charts, and commentary on events of the previous quarter.
Read MoreMonthly Market Update - January 2025
Despite a dreary December (S&P 500 Index down -2.4%), stock investors had a banner year, up 25.0% for 2024. In a now familiar refrain, rewards were not equally distributed, with the large-cap tech companies known as "The Magnificent Seven" earning 53% of the Index's return for the year. Sector returns fluctuated across the year but ended up with some breadth as seven of the eleven produced double-digit gains.
Read MoreReinhart Week in Review by Madison Investments 12.20.2024
The Fed’s 25 bps rate cut this week came as expected, but updated projections signal fewer rate cuts in 2025, with inflation remaining above target. The Reinhart Fixed Income Team breaks down these developments, along with key economic events in Brazil and Chicago, in this week’s Week in Review.
Read MoreReinhart Week in Review by Madison Investments 12.13.2024
November inflation reports point to a likely 25 bps rate cut by the Fed next week. The Reinhart Fixed Income Team breaks down these developments, political shifts in France, and fiscal updates in China. Read more in this week’s Week in Review.
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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.
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.
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.