by admin | Aug 16, 2024 | Market Outlook, Weekly Wrap
Dear Friends, Stocks must have gotten the memo that August tends to be weak historically. July, the eighth positive month in the past nine, was quickly forgotten as the beginning of August greeted us with a selloff. The primary catalyst was August 2’s...
by admin | Aug 2, 2024 | Market Outlook, Weekly Wrap
Dear Friends, In the past two weeks, we’ve seen a lot of new economic data, including unemployment rate, manufacturing industry survey results, and Initial Jobless Claims. In the July FOMC meeting, the Fed elected to hold interest rates steady while other major...
by admin | Jul 19, 2024 | Market Outlook, Weekly Wrap
Dear Friends, For the first half of the year, the market spotlight has been on a handful of big tech companies that have been driving the markets. What has been less talked about is the fact that the performance of over 70% of stocks that make up the S&P 500 were...
by admin | Jul 5, 2024 | Market Outlook, Weekly Wrap
Dear Friends, Over the past couple of years, the Federal Reserve Board has repeatedly emphasized that future policy is data-dependent, and two important data points were recently released which will be carefully examined by the Fed ahead of their next meeting. The...
by admin | Jun 21, 2024 | Market Outlook, Weekly Wrap
Dear Friends, In June, US large-cap equities experienced strong momentum with the S&P500 index touching a new record despite the Fed continuing to hold rates at a high level even with the mild CPI report. However, only 44% of the stocks in S&P 500 are above...
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