The banking crisis has sparked immense focus on financial stability; and with an attendant tightening in credit conditions, the risk of a formal recession has risen notably.
Market surprises force investors—and the Federal Reserve—to re-evaluate yet again.
Liz Ann Sonders shares her perspective on the U.S. stock market and economy in this monthly Market Snapshot video.
What our experts think about today's market action.
Although inflation may be receding, intermittent waves of price increases may cause investor uncertainty about the direction of economic growth and central banks' policy response.
Insights & Ideas
Valuation metrics broadly look more attractive relative to where they were a year ago, but history shows they don't provide clear guidance on future returns.
Despite market volatility, inflationary pressures, and a potential earnings recession, a rally involving stocks, bonds, and some commodities that started in November still persists.
Volatility waves and changing-news tides elicit short-term market moves; economic currents tend to affect longer-term market shifts which may now favor international stocks.
The decade-long bull market in the U.S. dollar may be leveling off, but we don't anticipate a major bear market in 2023.