Important Inflation Updates to Finish the Month
Last week, U.S. equities rose and interest rates fell after Federal Reserve Chair Powell stated, “the time has come for policy to adjust”, the most direct signal yet that the FOMC intends to start cutting rates soon….READ MORE
All eyes on Jackson Hole
Better than expected U.S. inflation and retail sales data decreased near- and long-term recession risks, propelling equity indices to a strong performance week….
‘Unwinding’ of the bulls!
U.S. equities fought back from a brutal drop of more than 4% at Monday’s open to finish only moderately lower, amid the highest volatility levels seen since the 2008 financial crisis and 2020 pandemic….
The Stock Market Experienced a Big Rotation in July
Last week U.S. equity indices once again posted mixed performance in volatile trading as investors assessed the latest economic data and corporate earnings results…
Another busy week on deck
Last week U.S. equity indices once again posted mixed performance in volatile trading as investors assessed the latest economic data and corporate earnings results…
Equity Volatility Rising
Equity volatility rose to the highest levels since April as the seismic rotation out of U.S. mega-cap stocks continued for a second straight week….
2Q 2024 Recap & 3Q 2024 Outlook
The topic of interest rate cuts continues to dominate the financial markets. Investors are focused on when the Federal Reserve will lower rates, all while keeping a close eye on corporate earnings and valuations. READ MORE
Equity Market Tendency for July
Investment-grade corporate bonds remain attractive given their lower risk and relatively high yields. Long-term investors who can handle volatility might consider high-yield bonds and preferred securities, but we wouldn’t suggest large positions in either.
2024 Mid-Year Outlook: Corporate Bonds
Investment-grade corporate bonds remain attractive given their lower risk and relatively high yields. Long-term investors who can handle volatility might consider high-yield bonds and preferred securities, but we wouldn’t suggest large positions in either.
ADBE price target lowered
TD Cowen’s J. Derrick Wood lowered their price target on Adobe (NASDAQ: ADBE) by 2.3% from $640 to $625 on 2024/06/10. The analyst maintained their Strong Buy rating on the stock.
