Key Points Growth Slowing: U.S. economic growth cooled in the first quarter amid stubbornly high inflation and rising interest rates. Real Gross Domestic Product (GDP), a measure of the value of all the goods and services produced in the U.S., expanded at a lackluster...
Quick Takes Stocks and bonds finished April strong, rebounding in the final week after losses the prior week. Stronger-than-expected earnings reports helped stocks advance and the biggest weekly drop in Treasury yields since mid-March helped bonds rise. Recession...
Quick Takes Investors continue to juggle the health of the banking sector, the Fed’s next move in its fight with inflation, and recession odds. But economic and earnings are sending mixed signals leaving markets in a narrow trading range thus far in April....
Quick Takes Inflation concerns, bank stress, and odds for a deep recession all faded during the week which helped stocks get back in the winning column. For the week the S&P 500 gained +0.8%, the small cap Russell 2000 rose +1.5%, and the Nasdaq Composite added...
Quick Takes Stocks ended a three-week win streak and bonds marked a three-week win streak. The S&P 500 Index slipped -0.1% and the Bloomberg US Aggregate Bond Index was up +0.5%. The stock market was closed for Good Friday, but the bond market was open for part of...
Key Points Contagion Contained. March was marked by a banking crisis that developed rapidly and seemingly disappeared almost as quickly. Within just a couple weeks the second and third largest bank failures in history occurred and the bank regulators in partnership...
