commentary
Reinhart Week in Review by Madison Investments 6.28.2024
Key inflation and economic indicators for the month of May were released this week. Reinhart’s Fixed Income team share their thoughts on what these metrics could indicate for future Fed rate cuts. Read the Week in Review here.
Read MoreReinhart Week in Review by Madison Investments 6.21.2024
Reinhart Fixed Income dives into May’s retail sales not meeting expectations, comments from several Fed members, and the real estate environment in China. Read their Week in Review here.
Read MoreReinhart Week in Review by Madison Investments 6.14.2024
This week the Fed left the target fed funds rate unchanged. Reinhart’s fixed income team examines what this means for future policy and looks at May’s inflation numbers, plus the snap elections in France. Read the Week in Review here.
Read MoreReinhart Week in Review by Madison Investments 6.7.2024
May’s job numbers were far higher than expected, the European Central Bank cut rates and elections were held in major countries across the world. Read what Reinhart Fixed Income thinks these stories mean for markets in their Week in Review.
Read MoreMonthly Market Update - June 2024
The S&P 500 Index ended the month up just shy of 5%, bringing the year-to-date return to 11.3%. Fixed income bounced back with a 1.7% return in May. However, the return of rising interest rates has suppressed performance, with the Bloomberg Aggregate Bond Index showing a 1.6% loss so far this year. The domestic stock market continued to be led by a small number of mega-cap technology firms.
Read MoreMonthly Market Update - May 2024
This past month was another in many months of seesawing sentiment over the state of inflation and the state of the economy and their effects on Federal Reserve policy. Early this year, optimism over falling inflation produced widespread belief that interest rate cuts would be dropping as frequently as Caitlin Clark's threes. Stubborn inflation and a resilient economy had shifted speculation to one, two, or maybe just zero cuts in 2024. Worriers went so far as to postulate another rate increase, a possibility Chairman Powell brushed off, to the market's relief, in his May 1 statements.
Read MoreQ1 2024 Market & Economic Review
Download our quarterly communication with market and economics charts, and commentary on events of the previous quarter.
Read MoreFixed Income Market Update – Q1 2024
The first quarter of 2024 ended with a reversal of mood from the final quarter of 2023. As December wound to a close, Treasury yields moved sharply lower in anticipation of a faster and more aggressive shift toward monetary policy easing.
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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.
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.