Quick Takes Global stocks and bonds rallied last week, with investors very encouraged by dovish comments from Fed Chairman Jerome Powell and an April employment report that struck Goldilocks tones with slower jobs growth and weaker wage increases. The S&P 500...
Quick Takes Global stocks snapped a string of weekly losses, but bonds continued their decline. Stocks seemed buoyed by upbeat earnings and were able to shrug off stubbornly high inflation data. However, bonds couldn’t ignore the hot inflation data and slower economic...
Quick Takes Stocks and bonds continued to decline for a third straight week, as inflationary economic data, concerns over tensions in the Middle East, and poor earnings from chipmaker stocks weighed on investor sentiment. The S&P 500 fell -3.1%, the Nasdaq dropped...
Quick Takes Stocks and bonds struggled for a second straight week, which can be chalked up to accelerating inflation data, rising geopolitical conflicts, and concerns that the just-beginning first-quarter earnings season will fail to impress. The S&P 500 fell...
Key Points MORE THAN JUST THE MAGNIFICENT 7 March witnessed a welcome broadening of returns and earnings. 2023 market leadership was totally dominated by a narrow group of mega cap technology stocks, the so-called Magnificent 7. Fortunately, both returns and earnings...
Quick Takes U.S. stocks and bonds struggled as signs of stronger manufacturing and a robust jobs market have investors concerned that the Fed may not deliver the three rate cuts the Fed forecasts indicate. The S&P 500 fell -0.95%, the Nasdaq was down -0.8%, and...
