In our final Spotlight of 2023, we cover some encouraging indicators as we head into December, including recent upward trends in stocks and bonds, the Fed’s rate-hike pause, and better-than-expected 3rd-quarter earnings. Immanuel Tan from our Portfolio Strategy and Investments team reviews:
- The S&P 500’s strongest month of 2023
- Lower-than-expected inflation data
- The Treasury’s announcement of a reduced supply of long-term bonds
- Largely positive 3rd quarter earnings reports