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
Weekly Review & Outlook: March 25, 2024
U.S. PMI data shows continued economic expansion and the February leading indicators moved higher for the first time in 2 years. The most critical announcements were from the Federal Open
Weekly Review & Outlook: March 18, 2024
February inflation data remained elevated well above the Federal Reserve’s long run policy target pushing out expectations for the timing for monetary easing. The possibility of a rate change at
Weekly Review & Outlook: March 11, 2024
The February payroll report topped expectations but prior months were revised substantially lower. Powell’s congressional testimony left the anticipated 2024 monetary path unchanged ahead of this week’s inflation data and
Weekly Review & Outlook: March 4, 2024
Inflation data was confirmed as running hot in January while February economic data provided mixed readings. Broader equity markets made new all time highs and bank stocks spun their wheels.
Weekly Review & Outlook: February 26, 2024
February PMI data showed a surprising increase in Manufacturing activity and other secondary macro data was consistent with moderate economic growth. Highlights for the coming week will be additional inflation