The economics of uncertainty

The benchmark S&P 500 closed out a tough five trading days on Friday with its worst weekly performance in over a year. The decline saw the index slip below the key 5,000 point level for the first time since late February. The escalation tied to the war in Gaza,...

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The pain of holding treasury bonds

After posting its worst weekly performance in over a year last week, the S&P 500 rebounded this week to score its best performance since October 2023. The rise was primarily driven by a surge in technology stocks and other growth sectors, anchored by favorably...

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Inflation is sticking around

The S&P 500 fell nearly 2% from Monday through Friday this past week, and in the process, it posted its worst weekly performance since late October 2023. The retreat was primarily due to yet another hotter than anticipated consumer price index (CPI) report...

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The Fed is trying to derail the market

Perhaps the last thing impatient investors want to hear  was the US Federal Reserve Bank of Minneapolis President Neel Kashkari saying that interest-rate cuts may not be needed this year if progress on lowering inflation stalls—especially if the economy remains...

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Bulls on the Run

Friday marked the end of a stellar first quarter for Wall Street, with the S&P surging ~10% and delivering its best Q1 since 2019. While the markets were closed for Good Friday, fresh data released on Friday reflected that the core personal consumption...

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Do or Die Moment for the Fed

The S&P 500 on Friday marked its best weekly performance of 2024, snapping a two-week losing streak in the process. Wall Street's bull run was rekindled after the Federal Reserve's meeting on Wednesday. For the week, the S&P 500  advanced +2.3%, the Dow added...

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Wall Street Can’t Wait

The S&P 500 fell Friday and posted its second straight weekly loss, with tech stocks particularly feeling the heat as inflation concerns linger ahead of next week's Federal Reserve policy meeting. The Consumer Price Index (CPI) report for February 2024 released on...

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Forgiving the Fed

Stocks rose on Friday, with the S&P 500 and Nasdaq Composite closing at fresh record highs, as tech stocks rallied. Declining Treasury yields also provided a boost, as disappointing factory data and a decline in consumer sentiment solidified expectations for...

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