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
Weekly Review & Outlook: July 17, 2023
The Redwood Fund gained +12.67% in June net of fees. For the first half of the year, the Fund gained +8.61% net of fees compared to the Nasdaq BANK index
Weekly Review & Outlook: July 10, 2023
Evidence demonstrates modest economic growth occurred in 2Q23 as manufacturing contracted but was more than offset by expansion in the services sector particularly in Consumer facing industries such as Leisure
Weekly Review & Outlook: July 3, 2023
The latest inflation data for May came in mostly in-line and the annual large bank stress test had a 100% pass rate. The net impact was higher equity prices, particularly