Rearview to Windshield, June 2023

by David Wagner | Jun 5, 2023 | Blog, Market Updates

May ‘23 Market Recap: The S&P 500 gained 0.4% in May and traded in a 100pt range (4056 and 4169), one of the most narrow monthly ranges (11th percentile) in history since the 1930s. The VIX remained low as well. Only 23% of stocks outperformed the S&P 500, the...

Aptus Musings: The Debt Ceiling Resolution

by David Wagner | May 31, 2023 | Macro Updates

With the NBA finals beginning, let’s heed some wisdom from the NBA G.O.A.T., Michael Jordan, who once said that the ceiling is the roof. Unfortunately, that wisdom proved to be wrong. Over the weekend, President Biden and Speaker McCarthy unveiled their compromise...

“I was impressed with the results given multiple headwinds facing the company, including lumber deflation, unseasonal weather and lower discretionary do-it-yourself purchases”

by Marketing | May 24, 2023 | Market Notes, Media Notes

Stock Market Today: Debt Ceiling Anxiety Weighs on Stocks

“An underwhelming Q2 guide is likely to make the year more weighted toward the second half”

by Marketing | May 17, 2023 | Market Notes, Media Notes

Stock Market Today: Debt Ceiling News Drives Major Stock Rally

T-Bills At Risk?

by John Luke Tyner | May 15, 2023 | Blog, Bonds

We’ve written extensively about the debt ceiling, and how it could impact markets (see Part One and Part Deux). While uncertainty remains around the various market impacts of a default, the more pressing client question is “Are the T-bills I just bought going to be...