The Harris Trade
The Trump trade takes a breather after President Biden drops out. Welcome to the new Harris trade!
Taiwan: A Major AI Risk
Trump’s foreign policy comments exposed one of the biggest risks for AI: Taiwan.
June In-Review
The S&P 500 continued to rally in June up +3.5% on significantly lower inflation data from May. Market optimism has extended into July with markets higher ahead of another round of inflation data.
Is the AI rally over? 🤔
The AI rally is starting to stall as investors become more cautious.
Stocks Up on Unemployment? 🤔
Have you ever wondered why the stock market rises on unemployment?
Inflation Euphoria 😊
Market surge after CPI data shows inflation moderating and lack of surprise at Fed meeting.
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.