Aug 1, 2022 | Insights
Quick Recap The S&P 500 closed at 4,130.29 last week with nearly $8 trillion in Big Tech companies reporting earnings, which were largely positive vs. consensus expectations. The VIX fell once again, this time to $21.42. The S&P has climbed more than 11% from...
Jul 28, 2022 | Insights
Quick Recap Markets had a strong week but gave up momentum going into last Friday after Snap’s earnings miss led to fears about other large-cap names that derive digital advertising revenue. Defensives showed strength with the S&P 500 closing at 3,961.63. The VIX...
Jul 18, 2022 | Insights
Quick Recap The S&P 500 closed at 3,863.16, down 19.46% YTD but up 5.36% over the past month. The VIX fell 8% to 24.27. Inflation rose 9.1% in June, even more than expected, as consumer pressures intensified, largely due to gasoline prices at the pump. The...
Jul 10, 2022 | Insights
“Economic headwinds are increasing; inflation remains problematically elevated and financial conditions are tightening. Asset prices have experienced a sharp decline in the face of rapidly rising interest rates, slowing global growth and greater uncertainty in the...
Jul 7, 2022 | Insights
UK: JOHNSON RESIGNS – WHAT HAPPENS NOW? Populist Prime Minister (PM) Boris Johnson has finally realised that the music has stopped. On the steps of 10 Downing Street this morning, Johnson announced that he would resign as PM and leader of the Conservative Party....
Jun 27, 2022 | Insights
QUICK RECAP Markets had their third positive week in the last 13. Gains were highest in the unusual trio of Health Care, Real Estate and Consumer Discretionary. Commodities fell along with rates as recession fears increased. KEY POINTS The S&P 500 Index closed on...
