Equity Pullback Equity markets declined this week as the reality of fewer prospective interest rate cuts by the Federal Reserve weighed on the minds of investors. Domestic equities, as measured by the Russell 3000 Index, declined 3.9% while small cap stocks fell 6.4%. International equities also weakened as the MSCI EAFE Index returned -2.1% for...
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...