Brad McMillan, Commonwealth’s CIO, recaps the market and economic news for February. Markets were down across the board, with U.S. indices dropping between 3 and 4 percent, while international markets were down 2 to 3 percent. Still, markets bounced back a bit to end the month. The reasons for this were twofold: interest rates pulled back in the U.S. and the medical news continued to improve. But with the Fed likely to keep tightening policy and the Russian invasion of Ukraine, what should we expect ahead? Stay tuned to find out. Follow Brad at blog.commonwealth.com/independent-market-observer.
Commonwealth CIO Brad McMillan recaps February’s market and economic news. After a weak January, markets were down across the board in February. Although they were able to bounce back to end the month, could the Fed’s tightening policy and war in Ukraine spell more volatility ahead? Stay tuned to find out. Follow Brad at blog.commonwealth.com/independent-market-observer.