Quick Takes There were big inflation reports during the week, but most of the market’s attention was on the continuing drama surrounding several bank failures and what the resolutions might be to avoid further damage. One of the latest actions was a group of the...
Quick Takes The threat of rates going “higher-for-longer” has weighed down stocks and bonds over the last several weeks. And data on Friday showed the crucial U.S. services sector had its strongest activity since the summer, yet rather than fall, the S&P 500...
Key Points February Flip Flop. A seasonal slowdown, reaccelerating inflation, decelerating earnings, and a rising dollar all conspired in February to reverse some of January’s gains… which itself was a reversal of 2022 trends. Dizzy yet? Inflation...
Quick Takes The threat of rates going “higher for longer” has weighed down stocks and bonds over the last several weeks. And data on Friday showed the crucial U.S. services sector had its strongest activity since the summer, yet rather than fall, the S&P 500...
Quick Takes Midweek, the Fed released the minutes from its FOMC monetary policy meeting that ended on February 1, and it showed policymakers remain steadfast in their use of higher interest rates to battle inflation. A flurry of economic reports later in the week...
Quick Takes Stocks were mixed and bonds were down for the week as inflation pressures reemerged as consumer and wholesale inflation showed some hotter-than-expected prices and retail sales came in stronger-then-expected. For the week, the S&P 500 index slipped...
