April 5, 2024 The second quarter got off to a volatile start as bond yields spiked and traders lowered their expectations over the number and timing of Fed rate cuts. Several Fed speakers this week pushed back on the idea that rate cuts are imminent, causing both the equity and bond markets to fall. The…
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March 22nd, 2024 Stocks received a solid assist this week from Federal Reserve Chair Jerome Powell, helping markets break new highs. Following the conclusion of the Federal Open Market Committee (FOMC) meeting on Wednesday, Powell eased investors’ concerns over whether the uptick in recent inflation reports would prompt a more aggressive posture from the central…
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March 8th, 2024 Equity markets lost steam for the week despite the S&P 500 and Nasdaq Composite Index reaching new all-time highs on Thursday. While the major indices lost between -0.25% and -1.17% on the week, bullishness has started to broaden away from strictly domestic large cap and tech stocks. The S&P 400, which tracks U.S….
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