Weekly Insight | April 6, 2022

The Federal Reserve (Fed) rhetoric was a headwind to risk assets this week. Current and former governors spoke openly about increasing interest rates in an “expeditious” manner. This leaves multiple 50 basis points hikes on the table for upcoming meetings.

Weekly Insight | March 30, 2022

Weakness in housing continued this week but is not necessarily indicative of a significant reduction in demand. Pending home sales dropped by 4.1% in February from January. All regions were down outside of the Northeast.

Weekly Insight | March 23, 2022

Last Wednesday China made comments that it intends to keep capital markets stable and support overseas listings. It was deemed to be similar in nature to European Central Bank President Mario Draghi’s “Whatever it takes” speech that ended the euro crisis a decade ago.

Weekly Insight | March 16, 2022

In an unsurprising move, the Federal Reserve Open Market Committee voted to increase the federal funds rate by 0.25% to a range of 0.25-0.50%. The widely signaled moved is the start of an increase cycle.

Weekly Insight | March 9, 2022

Equities continued to face pressure with most major indices posting a new closing low this week. The downside was muted by a sharp rally on Wednesday that left most domestic indices down 2-4% on the week.

Five in Five | March 2022

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.

Weekly Insight | March 2, 2022

Russia-Ukraine war news dominated headlines this week contributing to market fluctuations. The S&P 500 is up 3.85% this week after sharp moves down last week. The largest contributor to performance was a 7.97% increase in the Energy sector.

Weekly Insight | February 23, 2022

Equities fell sharply on the week and closed below their January lows. The S&P 500 ended the week down 5.6%. The NASDAQ has been lower for five consecutive days and recorded a 7.7% decline. 

Weekly Insight | February 16, 2022

We saw a significant increase in prices in January. The Consumer Price Index (CPI) was up 7.5% year-over-year. Over the month, CPI was up 0.6% from December. Increases in food, electricity and shelter were the largest contributors to the rise in prices.