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21 August
Roaring First Half Gives Way to Tech Stumble
Quick Take: Stocks and bonds continued their upward trend in June, bolstered by mega technology companies and continued signs of cooling inflationary pressure.[1] Disappointing earnings led to a tech selloff in July, while the market now expects the first rate cuts in September.[2],[3] The summer kicked off in high gear, setting records. The US […]
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28 June
Full Steam Ahead
Quick Take: Stocks set new highs during May as signs of a slowing economy led bond traders to pull forward expectations of rate cuts.[1] Treasuries had their best month in 2024.[2] Stock market performance broke more records in May, as the S&P 500 gained 4.8% while the tech-heavy Nasdaq added 6.9%.[3] Both indexes posted […]
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24 May
Fading Hopes for Rate Cuts
Quick Take: Lingering inflation weighs on investors.[1] With as little as one rate cut now anticipated for 2024, Treasuries sold off, sending yields higher and stocks lower.[2] As investors focused on disappointing inflation readings, major equity indexes ended a five-month winning streak to move lower in April.[3] By the close of the month, the […]
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