Another March consumer inflation reading was released, this time without major surprise. Economic activity in 1Q was weaker than projected while April PMI readings decelerated sharply. Wednesday’s Federal Open Market
Weekly Review & Outlook: April 22, 2024
A full week of bank earnings delivered consistent beats to EPS expectations. Economic data lifted the Atlanta Fed GDPNow projection of 1Q24 annualized GDP growth to 2.9% ahead of this
Weekly Review & Outlook: April 15, 2024
Inflation stays hot in March pushing out monetary easing expectations. Very small sample set bank earnings are highlighted by earnings per share (EPS) beats relative to expectations. BLS released the
Weekly Review & Outlook: April 8, 2024
Ongoing economic growth amid elevated inflation data drove bank stocks and Treasuries lower last week. The focus shifts beginning late this week to company specific results and updates to key
Weekly Review & Outlook: April 1, 2024
U.S. equity indices ended the 1st quarter at or near all-time highs while bank stocks finished lower despite a strong March. Treasuries finished lower with yields higher but well above