Stress Signals

Stress Signals

  After more than two years of calm, financial stress is creeping back into the market. The chart above shows the St. Louis Fed Financial Stress Index (bottom panel) plotted against the S&P 500 (top panel). The index tracks 18 different weekly data...
Estimate Erosion

Estimate Erosion

  Last week, we looked at how the market has remained fairly upbeat about earnings. This week’s discussion builds on that, digging into just how broad that optimism really is—or isn’t. This week’s indicator tracks the percentage of S&P 500 market...
Financial Focus – April 16th, 2025

Financial Focus – April 16th, 2025

This week on Financial Focus, Mike Steigerwald and Andy Fergurson dive into the end of tax season, highlighting how unexpected investment income can trigger penalties—and how to avoid them with better planning. They also clear up confusion around tax brackets, explaining why moving into a higher bracket doesn’t mean all your income gets taxed at that higher rate.

Sluggish

Sluggish

We often hear about GDP when experts are discussing the state of the economy. David Nelson joins us to share how important the Gross Domestic Product variable is and how it relates to stock market returns.

Fundamental Math

Fundamental Math

Stocks staged a wild comeback this week, but don’t let the rally fool you—valuations are still walking a tightrope. We break down what the fundamentals say about where the market could go from here, and why the real test may still lie ahead.