Equities Sell-off on Higher Inflation Equities retreated as inflation readings are becoming persistently high. Fed rhetoric is starting to dial back expectations for rate cuts. The S&P 500 ended the week down 1% with the NASDAQ faring slightly better at -0.7%. Small caps fared the worst with a 2.29% drop, which included a 2.5% drop...
Welcome to Five in Five, a monthly publication from the Investment Team at BTC Capital Management. Each month we share graphs around five topics that illustrate the current state of the markets, with brief commentary that can be absorbed in five minutes or less. We hope you find this high-level commentary to be beneficial and...
A Fork in the Road? The first quarter of 2024 gave equity investors much to celebrate. Broad equity market performance was solidly positive as the Russell 3000 Index advanced 10.0%. Outside of the United States, the MSCI All‑Country World Index ex-USA (ACWI ex‑USA) rose 4.7%. Then came April and sentiment turned, which so far appears...
