Is it time to cut interest rates?

After a five week win streak, the S&P 500 logged its first weekly decline marking an end to an eventful May. On Friday, the Federal Reserve’s preferred inflation gauge, the core PCE Price Index, met consensus for April despite a bigger than anticipated...

Go high in May?

The S&P 500 on Friday notched a third straight week of gains, and the index has now erased nearly all of its April losses. This week’s advance was driven by an uptick in Federal Reserve interest rate cut expectations, primarily on the back of further...

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...

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...

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%,...