May In-Review
The S&P 500 rebounded in May ending up +5% with investors rallying on #RateCuts relief and #AI optimism. After an early pop, June has been trading more tentatively ahead of new inflation data.
The Nvidia Effect Q2’24
Nvidia surges on another blowout earnings driven by #AI buildout demand, but all-time highs have markets cautious on the rest of the ecosystem.
Rate Cuts & the Market
Investors are so focused on rate cuts this year－why does the stock market care?
Markets Cheer April CPI
Markets pop on rate cuts and “Goldilocks” soft landing optimism after inflation growth slightly moderates in April.
April In-Review 🌧️
The S&P 500 fell -4% in April as investor concerns over #RateCuts mount with higher inflation data. Entering May, markets seem more reassured that #RateCuts are still coming just delayed.
Q1 Macro Review 🧐
Markets strongly rallied in Q1 on #AI euphoria despite delayed #RateCut expectations
March In-Review ☄️
The S&P 500 rose another 3% in March adding a 5th straight green month to the market rally. Entering April, we’re seeing a lot more hesitation with expectations sky high.
February In-Review 😍
The S&P 500 surged 5% in February extending the market rally to four months. We’re seeing similar optimism in March so far, but with a lot more hesitation.
January In-Review 🍾
The S&P 500 extended the end of 2023’s market optimum rising 1.6% to start 2024. We’ve seen that momentum continue into February.
New Year, New Market 2024 🎉
Overall, we’re optimistic for 2024. We still expect rate cut timing volatility near-term, but more confident we’ve entered the next bull market pending a mild recession this year.