The Market in Pictures, May 23

Our team looks at a lot of research throughout the day. Here are a handful that we think are good summations of investor activity, from rising yields and the economy, to earnings and tariffs and valuations. Enjoy!   Beckham: Rising yields is not just a U.S....

Moody’s Downgrade: Should We Care?

Last Friday, Moody’s rating agency lowered the US credit rating from Aaa to Aa1 (their version of AA+). Technically, this doesn’t change the US’s overall credit rating because it was already split-rated AA+. This follows downgrades by S&P in 2011 and Fitch in...

The Market in Pictures, May 16

Our team looks at a lot of research throughout the day. Here are a handful that we think are good summations of investor activity, from the market bounce and poor sentiment, to earnings and the economy, to expectations for large vs. small stocks. Enjoy!  ...

The Market in Pictures, May 9

Our team looks at a lot of research throughout the day. Here are a handful that we think are good summations of investor activity, from earnings and hyperscalers to soft vs. hard economic data. Enjoy!   Brad: Q1 sales and earnings have generally been better than...

May FOMC: A Pause for Thought

→ FED SAYS UNCERTAINTY ABOUT OUTLOOK HAS ‘INCREASED FURTHER’ → FED: RISKS OF HIGHER UNEMPLOYMENT, HIGHER INFLATION HAVE RISEN → FED HOLDS BENCHMARK RATE IN 4.25%-4.5% TARGET RANGE   Source: Bloomberg as of 05.7.2025   The Fed has cut the fed funds...