Weekly Insight | October 7, 2020
News headlines whipped the market around, but equities found a way to finish higher on the week. The S&P 500 advanced 1.7% led by a
News headlines whipped the market around, but equities found a way to finish higher on the week. The S&P 500 advanced 1.7% led by a
This week saw a strengthening housing market. In August, there were 1.011 million new home sales, which is 4.8% higher than in July. The
Equities sold off again this week, taking their cue from weakness that began during the Federal Open Market Committee (FOMC) press
It has been another week with no resolution in congressional stimulus discussions. The positive economic numbers we see may have led to a
Equities suffered three days of big losses but were bookmarked by a bounce to end the week. The sell-off lacked an easy scapegoat, but a
The preliminary GDP numbers for the second quarter were released this week. The decline in the quarter was adjusted from 32.9% to 31.7%. A
Equities posted strong moves on the week led by large caps and technology. The NASDAQ advanced 4.7% on the week, whereas the small cap
There was a sharp increase in productivity in the second quarter of 2020. Nonfarm business sector labor productivity increased by 7.3%.
Equities advanced on the week as small caps and financials lead the way. The rotation out of high-growth stocks again caused a notable
There’s something I’ve been wondering lately. Why haven’t hedge funds performed in line with expectations? For example, when the
Preliminary U.S. GDP numbers for the second quarter were released this week. U.S GDP declined by 32.9%. This officially puts the United
Equities were off slightly for the week as investors pulled back ahead of a newsy week highlighted by several earnings announcements, the