The second quarter (Q2) of 2024 continued this year’s A Tale of Two Markets: AI Versus Everyone Else. Large indexes like the S&P 500 performed well but this was driven primarily by a handful of large companies. Otherwise, market breadth was mixed with performance growing worse as company…
The first quarter of 2026 (Q1) ended with a surge in stock and bond prices, which was a nice change after a string of down days that seemed to stretch on and on. In a way, the market’s positive about-face to close Q1 was fitting. Abrupt price swings dominated throughout most of the quarter,…
The second quarter of 2026 (Q2) was eventful, as they all seem to be lately. The stock market rallied off first-quarter lows enough that major indexes had their best quarter in recent years. This impressive performance came from mixed market conditions, more inflation and a new Fed Chair, the…