Seasonal (Tail)winds | Weekly Market Commentary | October 21, 2019
The stock market has started October on a bumpy path. Many global issues remain unresolved, but seasonal forces, sound fundamentals, and breakthroughs on the trade and geopolitical1 fronts could help sustain the S&P 500 Index at record highs. Volatility can...
Another Run at Record Highs | Weekly Market Performance | October 18, 2019
U.S. stocks gained this week, making another run at all-time highs as investors watched global developments, and third quarter earnings season kicked off.
We have maintained our S&P 500 Index year-end fair value target of 3,000, even as the index hovers near that level following recent progress on U.S.-China trade discussions.