IPO Markets Fighting Forces For Escape Velocity: Inflation, Rates, Labor and AI
Executive Summary Last month, the market faced a test, and it passed, at least on the scoreboard. There was a mid-month hawkish shock: back-to-back hot inflation prints sent the 30-year above 5% and put a Fed rate hike back on the table. Stocks flinched but quickly recovered as oil fell more than -13%, easing the […]
Did You Know? Monaco Formula 1 (F1) Racing Winglets Manage Risk…
Executive Summary The 2026 Monaco Grand Prix, round six of the Formula 1 World Championship, runs this weekend from June 5 to June 7 on the iconic Circuit de Monaco. Teams Mercedes, McLaren, Red Bull and other manufacturers have introduced specialized rear winglets to maximize downforce on the tight, unforgiving street circuit. F1 winglets are engineered […]
May 2026 Monthly Markets Update
Chips and Geopolitics: May’s Risk On Cocktail Executive Market Summary: May 2026 Stocks Set New Highs as Geopolitical Tensions Ease May was a strong month for equities, with most major indexes setting fresh all-time highs. The S&P 500 and tech-heavy Nasdaq 100 set new highs each week, with the Dow Jones and Russell 2000 also […]
Chips and Geopolitics: May’s Risk On Cocktail
Executive Market Summary: May 2026 The US market has been split cleanly in two, with the dividing line running straight through the technology sector. The S&P 500 fell roughly 4.5% in the first quarter before climbing 19.5% since the start of the second quarter. The technology sector was down about 7.5% in the first quarter and up nearly […]
Bond Bears vs. AI Bulls: Inflation Fears Clash With Growth Optimism
Executive Summary Stocks and bonds up on the week (bond prices up, yields down). The MSCI EAFE and MSCI Emerging Markets indices outperformed the S&P 500. The best performing sectors in the S&P 500 were utilities, health care, and REITs. Across U.S. Russell style & market cap indices, small-cap growth did the best, but the […]
Beyond the Noise Podcast – Episode 2
Listen to Chief Economist Jeanette Garretty and Chief Investment Officer Stuart Katz as they analyze the economy and markets amidst current geopolitical tensions.
Inflation Came In Hot Which Cooled Equity Markets
Executive Summary Most major U.S. stock indexes finished last week lower as optimism surrounding large-cap technology and artificial intelligence (AI)-related stocks was largely outweighed by concerns around accelerating inflation, rising Treasury yields, elevated oil prices, and lingering geopolitical uncertainty. Within the S&P 500 Index—which closed at a record high on Thursday before pulling back Friday—the energy sector […]
Middle East Uncertainty in the Face of Fundamental Earnings
Executive Summary Equity Markets traded higher for a sixth consecutive week, extending the rally that began in late March and pushing several major indexes to new highs. A strong employment report bolstered hopes that the U.S. economy remains resilient in the face of higher energy prices as a result of the Iran war. Technology and growth stocks led the advance. […]
April 2026 Monthly Markets Update
Executive Summary: April 2026 Stocks rebounded on ceasefire headlines, with numerous broad indices setting record highs. The rally erased all of March’s losses and was powered by Growth and semiconductor stocks. Bond markets were quiet on the surface but active underneath. Treasury yields moved higher across the yield curve, but high-yield spreads tightened, erasing nearly […]
Spring Surge: April Showers Watered a Bullish Market
Executive Summary Last Week Stocks largely ignored the wave of conflicting headlines about the war in the Middle East and a hawkish Federal Reserve policy meeting to post solid gains in most major indexes. Large-cap stocks outpaced small-caps, and value outperformed growth as another increase in oil prices lifted the energy sector. The S&P 500 Index returned […]
New Highs, Old Risks: Markets Rally Amid Geopolitical Whiplash
Executive Summary Most major U.S. stock indexes finished the week higher, with several hitting record highs, as some generally positive economic data, ongoing strength in artificial intelligence (AI)-linked stocks, and upbeat earnings results helped offset continued uncertainty surrounding the U.S.-Iran conflict. The technology-heavy Nasdaq Composite led gains, followed by the S&P 500 and Russell 2000 Indexes. Optimism around […]
Stocks Hit A Growth Spurt
Executive Summary Last week, markets absorbed a failed ceasefire deal and U.S. naval blockade of Iranian ports to close at a new all-time high. The S&P 500 returned 4.5% for the week and rose to an all-time high amid optimism the Iran war is close to an end; oil prices and treasury yields fell. Mid […]