by fwsadmin | Nov 25, 2023 | Weekly Market Commentarfy, Weekly Market Commentary
Weekly Market Commentary – 11/24/2023 -Darren Leavitt, CFA US equity markets inked a 4th straight week of gains despite the market appearing to be overbought. The holiday-shortened week featured light trading volumes and broad participation. Earnings results...
by fwsadmin | Nov 20, 2023 | Weekly Market Commentarfy, Weekly Market Commentary
Weekly Market Commentary – 11/17/2023 -Darren Leavitt, CFA The S&P 500 closed above 4500 after inking its third consecutive weekly gain. Temperate economic data released over the last few months has elevated the idea of an economic soft landing and the idea...
by fwsadmin | Nov 5, 2023 | Weekly Market Commentarfy, Weekly Market Commentary
-Darren Leavitt, CFA Global financial markets rallied big time last week on dovish tones from central bankers and on the notion that this interest rate hike cycle may be over. The Bank of Japan kicked the week off with a vague move that sets their 10-year Japanese...
by fwsadmin | Oct 29, 2023 | Weekly Market Commentarfy, Weekly Market Commentary
-Darren Leavitt, CFA Equity markets faced another wave of selling as the S&P 500 went into correction territory, down 10.13% from the end of July. Investors saw some relief from the bond market, but trade in Sovereign debt continued to lack a safe-haven bid...
by fwsadmin | Oct 22, 2023 | Weekly Market Commentarfy, Weekly Market Commentary
Weekly Market Commentary – 10/20/2023 -Darren Leavitt, CFA This week, the debt market resumed its sell-off and wreaked havoc on the equity markets. The US 10-year bond yield hit 5% for the first time since 2007, while longer-tenured issues felt the brunt of the...
by fwsadmin | Oct 16, 2023 | Weekly Market Commentarfy, Weekly Market Commentary
Weekly Market Commentary – 10/13/2023 -Darren Leavitt, CFA US equity markets finished the week with mixed results as investors digested the first tranche of third-quarter earnings results. JP Morgan, Citi Bank, Wells Fargo, and United Healthcare had...