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.
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.
Markets extend rally as inflation slows ahead of expectations
“Goldilocks” optimism reverses on extended OPEC production cuts and stronger jobs data
Mixed week as markets digest potential bank rating cuts, slowing inflation and more China tension.
Mixed labor signals as investors continue to weigh rate hike and recession odds.
Market rallies on Fed pivot optimism, but labor still too hot
The jobs report didn’t get the recession memo…
Growth leads markets higher as S&P 500 extends July gains
💸 Yields keep on rising. For 3rd straight week, #RisingYields continue tacking on another 9%. Surging energy prices, strong #COVIDRecovery data and incoming Fed action continues to drive #InflationFears and #Flight2Safety rotation. 🇨🇳 Biden/Xi virtual summit. White House reengaging Beijing holding a virtual summit later this year. Markets popped Thursday on #ChinaTension relief with S&P 500 finishing +1% for week. 🚙 Legacy auto in spotlight. General Motors Read More
📉 September pullback. S&P 500 finished September down -5%-first red month after 7 consecutive green ones. Macro uncertainty drove market correction off all-time highs as investors faced #InflationFears, #RisingYields and #ChinaTension. 💸 Yields keep rising. 10-year treasury yields rose another +5% extending last week gains. #InflationFears in focus on energy pricing surging and supply chain woes. Strong #Flight2Safety rotation with Growth down over -3% for Read More