Principled Thoughts

December Market Commentary


November brought more volatility for domestic equity markets.  While added pressure resulted in nearly all of the year’s equity market gains being erased by Thanksgiving, a post-holiday rally gave investors much to cheer.  The rally comes on the back of Federal Reserve Chairman Jerome Powell walking back some of his October commentary that led to the past two month’s volatility on speculation of more aggressive rate hikes and Fed policy.  We are looking for the end-of-November rally to have set the stage for a strong December to reclaim some of what markets gave back in the Fall.

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