Welcome to the Monthly Market Update from Signature Wealth Management. I’m Brian Ransom, Research Director from Signature Wealth and here’s what happened in the market this month. So this month we had our first bout of volatility in a while. The early August selloff was sparked by margin calls on Japanese Yen carry trades. That’s a bunch of words that essentially mean people were over-levered, they were caught offsides, and had to sell as a result. Even though this is the same exact trade that caused the [...]

Welcome to the Monthly Market Update from Signature Wealth Management. I’m Brian Ransom, Research Director from Signature Wealth and here’s what happened in the market this month. https://youtu.be/gyKiKtFbeRI   Now I know it’s not 2022 and inflation was supposed to recede by now but here we are in April 2024 and we can’t have nice things. Inflation was expected to continue to fall and level off around 2%. We did not get that. Instead, it leveled off around 3-3.5%. As mentioned in previous videos, it didn’t look like inflation [...]

The market cap- and equal-weighted S&P 500 indices had a nice rally to end 2023. Much of this optimism was fueled by the expectation of multiple Federal Reserve interest rate cuts in 2024.

The market (S&P 500) peaked in January 2022, then fell 25.3% over the next 10 months. But then it retraced those losses to the tune of 28.2%. The 10-year Treasury may be the catalyst.

It appears that the market has started a correction over the last two months. Since last week, the market has fallen 4.2% - and 5.5% since the highs set at the end of July.

The markets may experience rising volatility in the intermediate term, and it doesn’t appear that the rally we have enjoyed for the first half of the year will continue unabated.

Not a whole lot has changed these last two weeks. During August, the market lost about 4.5% in value for the first 3 weeks of the month; though we’ve mostly recovered that in the last week.