Market Commentaries

26 Jan

Economy Keeps Dealing Aces

January 26th, 2024 It was another winning week on Wall Street with the S&P 500 notching another record high and the Dow Jones Industrial Average closing above 38,000 for the first time ever. A better than expected Q4 GDP report combined with slowing inflation and strong earnings results fueled equity markets. Meanwhile, bond investors struggled…

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18 Aug

Higher Rates Weigh on Equities

August 18th, 2023 It was a busy week for investors as they digested a number of market-moving headlines. Ratings agencies remained in the spotlight with Fitch, once again, taking center stage. On Tuesday, the ratings firm announced it was considering a broad downgrade of the banking sector over concerns that interest rates will remain elevated…

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11 Aug

Moody Market

August 11th, 2023 It is not often one gets to use a rating agency pun for a headline two weeks in a row, but here you have it. This week it was Moody’s who made news by downgrading the U.S. regional banking sector. On Tuesday, the credit agency explicitly downgraded 10 banks while placing another…

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