Market Commentaries

16 Apr

Strong Earnings Propel Markets to New Heights

April 16, 2021 Records continue to be broken with the Q1 2021 earnings season commencing this week. Financial giants Goldman Sachs and JPMorgan led the way with better-than-expected results. Strong performance in equities trading, investment banking, and the releasing of reserves that had previously been set aside for potential bad debt during the pandemic allowed…

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09 Apr

Growth Stocks Lift Markets to Record Highs

April 9th, 2021 Markets kicked the second quarter off on a high note with the S&P 500 index hitting another all-time high on Friday. Growth stocks outpaced value stocks as the 10-year U.S. treasury yield retreated to 1.66%, down from a recent high of 1.75%, and on continued optimism for the U.S. post-Covid economic recovery….

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26 Mar

Investor Optimism Improves on Rate Stabilization

March 26, 2021 Optimism returned to the market this week on improved investor sentiment surrounding the U.S. economic reopening, on 10-year U.S. treasuries retreating from recent highs and as the Federal Reserve dished out some positive news for the banking sector. Travel-related stocks such as airlines and cruise ships helped move markets higher on growing…

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