Key Events: Crunch time
Debt ceiling negotiators inched towards a deal that would cap increases in federal spending.

Key Events: Crunch time
Debt ceiling negotiators inched towards a deal that would cap increases in federal spending.
Key Events: Deal or no deal
Systemic Risk Fears
The biggest bank failure since 2008
Minutes of the January 31 – February 1 Fed meeting reflected expectations that the Fed would keep rates high for the remainder of 2023.
Key Events: Russia actions exacerbate concerns about inflation and the US economy
Two key events drove the markets this week.
On Tuesday, then again on Wednesday, the markets were greeted with news of higher-than-expected inflation.
Key Events: The dominant news this week was the passing of Queen Elizabeth II
The old investing adage, “don’t fight the Fed”, was in full force in August.
Stock markets bounced back last week, posting the first positive weekly return in a month.