Tag Archives: pandemic

21 Apr

Balanced Readings Result in Quiet Week

April 21st, 2023 Stocks closed out the week not much changed with the S&P 500 finishing relatively flat. Trading was listless with investors having little else to focus on other than earnings.  As of Friday, 88 of the S&P 500 companies had reported, of which 76% managed to beat analyst estimates. It should be noted that analyst estimates…

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14 Apr

Cooler Data Not Enough For Pivot

April 14th, 2023 Equities posted another winning week as signs of slowing economic growth fanned investors’ hopes that the Federal Reserve could soon conclude its rate tightening campaign. Last week’s jobs report showed a steadying jobs market with 236K added to the payrolls in March, down from 326K new hires in February and 472K in…

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31 Mar

March Madness Not Just for Basketball This Year

March 31st, 2023 Q1 2023 is now in the books, having handed investors a solid 7.03% gain in the S&P 500. The quarter’s gains were particularly impressive given that the market had to overcome a mid-quarter selloff, sparked by rising inflationary pressures and banking contagion fears following Silicon Valley Bank’s (SVB) collapse and Credit Suisse’s…

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