Posts by Highland
May 2022
Summary After a dismal April, and a late May rebound, U.S. markets ended May almost flat. Developed equities shrugged off global recession concerns to rally strong into month-end, erasing earlier losses. Emerging markets continued to be weighed down by China’s aggressive COVID lockdown measures. Interest rates reversed trend and declined in May, giving bonds their…
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March 2022
February 2022
January 2022
December 2021
November 2021
October 2021
September 2021
August 2021
Summary US stocks rebounded from a mid-August decline, rallying to finish a positive month. Investors were encouraged by the news coming out of the Fed’s annual Jackson Hole meeting, which was held virtually this year. Fed Chair Jerome Powell communicated to markets that any tapering of bond purchases would be communicated well in advance of…
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