Markets weathered banking uncertainty in March remarkably well – bonds and stocks both rose, gold soared on rate-cut bets, and credit traders showed confidence in company balance sheets.[2] Source: https://www.bloomberg.com/news/articles/2023-04-06/mixed-up-markets-can-t-get-story-straight-as-bank-drama-smolders?cmpid=BBD040623_BIZ&utm_medium=email&utm_source=newsletter&utm_term=230406&utm_campaign=bloombergdaily   Both the S&P 500 (+3.51%) and Nasdaq (+6.69%) equity indices edged higher in March, with technology stocks counteracting a selloff in the financial […]

As we turn our calendars to the second quarter, it’s a great time to take a step back and reflect on the expected and unexpected events of Q1 2023. Alongside unprecedented rain and snowfall throughout Los Angeles and southern California, the markets also faced continued volatility as the quarter marked increased pressure from the Federal […]