Weekly Insight | June 29, 2022

Tough Quarter Ends on a Positive Tone

Equities staged a strong rally off their monthly lows as quarter-end rebalancing forces drove the action. As target date fund assets under management have grown, this has created a mean reverting force at quarter end.

Weekly Insight | June 22, 2022

Oil prices dipped over the week

We saw a little bit of a reprieve in gas prices this week. The 8% dip in the price of a barrel of WTI Crude Oil from $106.04 a week ago to $98.15 has not been fully reflected in the prices we pay at the pump.

Weekly Insight | June 15, 2022

Inflation Changes Everything

A week ago, the anticipation of a lower-than-expected Consumer Price Index (CPI) print was the foundation of optimism. The S&P 500 was three weeks removed from its lows and about 6% higher.

Weekly Insight | June 8, 2022

Data from the Employment Survey for May was released this week. The job market continues to be tight. Nonfarm payrolls increased by 390,000 and payrolls were up 65,000 more than expected.

Weekly Insight | May 18, 2022

Retail Sales Increase

There was an increase in retail sales through April. Retailers sold 0.9% more than the previous month. Taking out autos, retail sales grew by 0.60%.

Weekly Insight | May 11, 2022

Sharp Reversal Sends Risk Assets Lower

The massive rally post-Federal Open Market Committee meeting last Wednesday turned out to be a head fake. This week saw significant losses in risk assets.

Weekly Insight | May 4, 2022

                           

The Fed Hikes Rates by 50 Basis Points for the First Time Since 2000

The S&P 500 ended the week up 2.8%, with all the gains coming in the last two hours on Wednesday.

Weekly Insight | April 27, 2022

Earnings for the first quarter are currently 7% higher than expected. This comes amid slower growth than in previous quarters. Overall, earnings are up 8.38% and the energy sector has contributed the most to this growth.