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Market Recap – March 6, 2023

Market Recap – March 6, 2023

With inflation not coming down as quickly as hoped and the global economy holding up better than expected, investors are looking for interest rates to remain higher for longer, resulting in a negative impact in equity markets – the S&P 500 being down 3.2% over the...

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Market Recap – February 27, 2023

Market Recap – February 27, 2023

Stronger than expected inflation and spending data have pushed up U.S. interest rates and interest rate expectations with negative impact on equity markets and a stronger U.S. dollar. The unexpectedly strong increase in core PCE inflation in January – up 4.7% vs 4.6%...

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Market Recap – February 21, 2023

Market Recap – February 21, 2023

Economic data continue to surprise on the upside, first with January’s larger than expected payroll employment gains and then with January retail sales and manufacturing output. So the chances of first quarter GDP growth being positive are improving. Real consumption...

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