by fwsadmin | May 19, 2024 | Weekly Market Commentarfy, Weekly Market Commentary
Weekly Market Commentary – 5/17/2024 -Darren Leavitt, CFA The major US equity indices inked a fourth consecutive week of gains as US Treasury yields fell on an in-line CPI print that showed a deceleration of inflation for the first time in three months. Still,...
by fwsadmin | May 12, 2024 | Weekly Market Commentarfy, Weekly Market Commentary
Weekly Market Commentary – 5/10/2024 -Darren Leavitt, CFA The S&P 500 notched a third consecutive week of gains as the index broke and held above its 50-day moving average. Investors were treated to another dose of first-quarter corporate earnings. Disney,...
by fwsadmin | Apr 28, 2024 | Weekly Market Commentarfy, Weekly Market Commentary
Weekly Market Commentary – 4/26/2024 -Darren Leavitt, CFA US equity markets bounced back last week, with nearly 40% of the S&P 500 companies reporting first-quarter results. The rally was propelled by Microsoft and Google, whose better-than-expected earnings...
by fwsadmin | Apr 21, 2024 | Weekly Market Commentarfy, Weekly Market Commentary
Weekly Market Commentary – 4/19/2024 -Darren Leavitt, CFA Financial markets took another step back last week as investors grappled with increased tensions in the Middle East and the recognition that interest rates are likely going to be higher for longer. Iran...
by fwsadmin | Apr 7, 2024 | Weekly Market Commentarfy, Weekly Market Commentary
-Darren Leavitt, CFA Wall Street took a step back in the first week of the second quarter as robust economic data induced a recalibration of rate cut expectations. The recalibration was further influenced by Minneapolis Fed Governor Neel Kashkari’s suggestion...
by fwsadmin | Mar 29, 2024 | Weekly Market Commentarfy, Weekly Market Commentary
Weekly Market Commentary – 3/28/2024 -Darren Leavitt, CFA The S&P 500 hit another all-time high this week as investors appeared to rebalance positions into quarter end. The week started with some weakness on the announcement that the EU was investigating...