Monthly Market Update – January 2024
Key Points About Those Rate Cuts At this time last month, traders were betting (via Fed Funds futures trading) that there was an 80% chance the Federal Reserve would cut their short-term discount rate at the March policy meeting. But on February 2, the Labor...
Weekly Market Update – February 02, 2024
Quick Takes After starting on a down note in the first week of the year, the S&P 500 Index has now risen for four straight weeks and for 13 of the last 14 weeks. It closed last week up +1.4% at a new record high. However, the gains continue to be dominated by the...
Peek Behind The Curtain
As we kick off 2024, it’s likely going to be another interesting year – elections, geopolitical issues, and investment trends. I’d like to spend the balance of this focusing on the latter, as technology has led the way over the last four months. There are two...
Weekly Market Update – January 26, 2024
Quick Takes After starting on a down note in the first week of the year, U.S. stocks have rallied for three straight weeks, propelling the S&P 500 Index up another +1.0% to yet more all-time highs. The tech-heavy Nasdaq Composite was up +0.9%, and the small cap...