The stock market had a strong performance earlier this year, with the S&P 500 rising by 21% in seven months as investors increased their equity holdings. However, over the last three weeks, the benchmark index has fallen approximately 5%.
Market observers with keener insights may not be surprised by this month's poor performance. Data compiled by Stock Trader's Almanac shows that August has been the second-worst month of the year for US...

Real gross domestic product (GDP) is a measure of the value of all goods and services produced in the United States in a given year, adjusted for inflation. It is the most widely used measure of the size and health of the US economy.
Real GDP is calculated by dividing nominal GDP by the GDP deflator. Nominal GDP is the value of all goods and services produced in the United States in a given year, measured in current prices. The GDP deflator is a measu...

Market Summary - 8/8/2023
Amidst a quiet backdrop with minimal market-shaking news, most investors have their sights set on the ongoing earnings season. This focus is expected to pivot later in the week, especially with the CPI announcement lined up for Thursday. Today's trading session presented a contrast to Friday's. While Friday wrapped up near its trading range's lower end, today concluded much closer to its high. Such unpredictable fluctuations can drain portfolios...

With cooling inflation, resilient economic growth, and strong employment data, investors have been encouraged by the prospect of a "Goldilocks" state in the US economy, leading to an uptick in US stock prices so far this year. Amid lingering concerns around high valuations and the potential for inflation to rebound, some economists have expressed concerns about how long hopes of a "Goldilocks" economy can sustain US stocks.
What i...