Review & Preview: The Fed's End Run

Core Insights - The S&P 500 and Dow indices have reached new record highs, indicating strong market performance and investor confidence [1] - The Federal Reserve has announced early reappointments for its regional presidents, which may influence monetary policy and economic outlook [1] Market Performance - The S&P 500 index has achieved a new record high, reflecting robust economic conditions and positive investor sentiment [1] - The Dow Jones Industrial Average has also set a new record, showcasing the strength of large-cap stocks in the current market environment [1] Federal Reserve Actions - The early reappointments of regional presidents by the Federal Reserve suggest a continuity in leadership, which could stabilize market expectations [1] - These appointments may impact future monetary policy decisions, potentially affecting interest rates and economic growth [1]