Oct 22, 2023 | Weekly Market Commentarfy, Weekly Market Commentary
Weekly Market Commentary – 10/20/2023 -Darren Leavitt, CFA This week, the debt market resumed its sell-off and wreaked havoc on the equity markets. The US 10-year bond yield hit 5% for the first time since 2007, while longer-tenured issues felt the brunt of the...
Oct 16, 2023 | Weekly Market Commentarfy, Weekly Market Commentary
Weekly Market Commentary – 10/13/2023 -Darren Leavitt, CFA US equity markets finished the week with mixed results as investors digested the first tranche of third-quarter earnings results. JP Morgan, Citi Bank, Wells Fargo, and United Healthcare had...
Oct 8, 2023 | Weekly Market Commentarfy, Weekly Market Commentary
Weekly Market Commentary – 10/6/2023 -Darren Leavitt, CFA Investors were treated to another mixed bag of market action as the yield curve steepened on the notion of higher rates for longer. There were several central bank officials that echoed the need to...
Sep 17, 2023 | Weekly Market Commentarfy, Weekly Market Commentary
Weekly Market Commentary – 9/15/2023 -Darren Leavitt, CFA It was a roller coaster ride on Wall Street this week, with early-week gains met with a late-week sell-off. Investors cheered the largest IPO of the year that saw Arm Holdings come to market 10x...
Sep 11, 2023 | Weekly Market Commentarfy, Weekly Market Commentary
-Darren Leavitt, CFA The holiday-shortened week ended with losses for both US equities and Treasuries. Apple shares tumbled on the news that the Chinese government would ban the use of the iPhone at government agencies at all levels of government. The news comes in...
Aug 27, 2023 | Weekly Market Commentarfy, Weekly Market Commentary
Weekly Market Commentary – 8/25/2023 -Darren Leavitt, CFA Financial markets were all over the place last week and ended with mixed results. The S&P 500 gained 0.8% and closed above 4400, a critical psychological level, but fell short of regaining the 50-day...
