U.S. equities finished higher last week (S&P +2.0%). Stocks sold off sharply on Monday due to Coronavirus Delta variant infections spreading. Peak growth, peak profit, and peak policy stimulus themes were als Read More
U.S. equities fell last week, with the S&P 500 down about 1% after three weekly gains. Small-caps posted their fourth weekly decline of the past five, with the Russell 2000 logging its worst week since October Read More
U.S. equities finished modestly higher last week (S&P 500 +0.4%). The big story was the continued downward pressure on bond yields. This was accompanied by some further questions about the reflation trade in Read More
Meaningful progress continues to be made in vaccinating the world’s population against COVID-19. North America and Europe continue to lead the rest of the world based on the share of people who have received at Read More
U.S. equities fell last week, with the S&P 500 down 1.9%, its worst week since February. Growth was a big outperformer vs. value after an unexpectedly hawkish Fed meeting was seen undermining the reflation tra Read More
Equities were mixed last week, with the S&P 500 +0.4%. Small-cap stocks were also higher on the week ending up over 2%. The widely anticipated May CPI report came in higher than expected, with headline prices Read More
U.S. equities finished higher last week with the S&P 500 up +0.6% and achieving an all-time high. The market has been in a reasonably tight range, with the bulls focused on liquidity tailwinds, fiscal stimulus Read More
