by fwsadmin | Mar 26, 2023 | Weekly Market Commentarfy, Weekly Market Commentary
Weekly Market Commentary – 3/24/2023 -Darren Leavitt, CFA Global markets sighed in relief with the announcement that the Swiss National Bank had brokered a deal, combining Credit Suisse with UBS. Investors had been worried that troubles within Credit Suisse...
by fwsadmin | Mar 18, 2023 | Weekly Market Commentarfy, Weekly Market Commentary
Weekly Market Commentary – 3/17/2023 -Darren Leavitt, CFA Financial markets continued to be erratic as investors assessed the health of the global banking system. The failures of Silicon Valley Bank and Signature Bank were met with multiple responses from the...
by fwsadmin | Mar 12, 2023 | Weekly Market Commentarfy, Weekly Market Commentary
Weekly Market Commentary – 3/10/2023 -Darren Leavitt, CFA Wall Street endured a difficult week with volatile fluctuations in equity and fixed-income markets. Fed President J Powell’s testimony in front of congress kicked off the market’s chaotic week when he...
by fwsadmin | Mar 5, 2023 | Weekly Market Commentarfy, Weekly Market Commentary
Weekly Market Commentary – 3/3/2023 -Darren Leavitt, CFA US equity markets bounced on oversold conditions and their ability to hold key technical levels this week. The S&P 500 broke its 50-day moving average (3980) and then tested the 200-day moving average...
by fwsadmin | Feb 26, 2023 | Weekly Market Commentarfy, Weekly Market Commentary
Weekly Market Commentary – 2/24/2023 -Darren Leavitt, CFA It was another tough week on Wall Street as US equity markets continued to retreat alongside a sustained selloff in the US debt markets. The calendar was again stacked with economic data showing an...
by fwsadmin | Feb 20, 2023 | Weekly Market Commentarfy, Weekly Market Commentary
Weekly Market Commentary – 2/17/2023 -Darren Leavitt, CFA US equity markets finished the week mixed, as economic data reported during the week indicated that inflation remains elevated. Fed rhetoric was prevalent and had a more hawkish tilt. Cleveland Fed...