Market Commentaries

24 Mar

S&P 500 Posts Second Consecutive Winning Week

March 24th, 2023 Equity markets maintained their footing this week as regulators and global central banks took assertive measures to prevent last week’s banking failures from spiraling into a broader financial contagion. The Federal Reserve and the world’s five major global central banks spent the weekend hard at work, announcing on Sunday a coordinated effort…

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17 Mar

Markets Rebound on Financial Rescue Efforts

March 17, 2023 Strong actions from regulators, central banks, and big banks helped power the S&P 500 to a 1.43% gain for the week. Trading was volatile for much of the week, capped off by Friday’s “triple witching”, which saw equity futures and options contracts tied to individual stocks and indexes as well as exchange-traded…

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10 Mar

Bank Collapse and Powell Set Investors on Edge

March 10th, 2023 It was another tough week for markets as Fed Chairman Jerome Powell’s comments before Congress, a hotter than expected jobs report and a late-breaking announcement that the FDIC had seized control of tech-lender, Silicon Valley Bank, combined to rattle investors’ nerves. In his remarks before the Senate Banking Committee, Powell prepared markets…

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