Weekly Market Commentary

Weekly Market Commentary - 2/24/2023 -Darren Leavitt, CFA It was another tough week on Wall Street as US equity markets continued to retreat alongside a sustained selloff in the US debt markets. The calendar was again stacked with economic data showing an economy...

Weekly Market Commentary - 2/17/2023 -Darren Leavitt, CFA US equity markets finished the week mixed, as economic data reported during the week indicated that inflation remains elevated.  Fed rhetoric was prevalent and had a more hawkish tilt.  Cleveland Fed President...

Weekly Market Commentary - 2/10/2023 -Darren Leavitt, CFA Wall Street pulled in its horns last week as investors sensed the market was overbought. Concerns about the outlook for corporate earnings and historically high valuations tempered buyers’ enthusiasm for...

Weekly Market Commentary - 2/3/2023 -Darren Leavitt, CFA Investors were hit with a full dose of market-moving events and data throughout the week. The Federal Reserve, Bank of England, and European Central Bank increased their respective policy rates. The Fed raised...

Weekly Market Commentary - 1/27/2023 -Darren Leavitt, CFA Momentum trade pushed US equity markets higher and forced shorts to cover and those sitting in cash to move off the sidelines for fear of missing out on further gains. Fourth quarter earnings continued to come...

Weekly Market Commentary - 1/20/2023 -Darren Leavitt, CFA Inflation data showed prices easing in the US and Europe while Japanese CPI hit a level not seen since the 1980s.  The downtrend in US producer prices, coupled with weaker-than-expected US retail sales and a...

Weekly Market Commentary - 1/13/2023 -Darren Leavitt, CFA Equity markets continued to rally in the second week of January as investors considered the idea of a Fed-orchestrated soft landing. An inline December CPI showed consumer prices falling on the headline number...

Weekly Market Commentary - 1/6/2023 -Darren Leavitt, CFA The start of the New Year brought volatility with it. Markets sold off early in the week and tested a critical technical level on the S&P 500 (3800), then bounced significantly to regain support and end the...

Weekly Market Commentary - 12/30/2022 -Darren Leavitt, CFA Financial markets finished the final week of 2022 trading with a whimper.  Year-end tax-loss harvesting and asset class rebalancing accounted for much of the volume in light trade.  The technical level of 3800...