In an eventful week, the early reporting banks uniformly beat EPS consensus estimates for 3Q23. Inflation readings for September reinforced a higher for longer monetary policy path. Geopolitical risks rose
Weekly Review & Outlook: October 9, 2023
Economic data from last week generally conformed to the slowing but still growing U.S. economy reference frame. Stocks were left roughly flat over the full week while the longer maturity
Weekly Review & Outlook: August 21, 2023
Another light volume trading week saw bank stocks consolidate lower to various bank sector indices’ 50 day moving averages. Better than expected economic data along with another rating agency warning,
Weekly Review & Outlook: August 14, 2023
Summer vacation was in full swing last week with equity trading volumes more than -10% below year to date averages. Still the economic data on the week was sufficient to
Weekly Review & Outlook: August 7, 2023
On occasion I have half-heartedly joked that when I was young, I read books. As I aged, I focused more on periodicals. With the introduction of smart phones and social