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...
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...
by Marketing | May 17, 2023 | Market Notes, Media Notes
Stock Market Today: Debt Ceiling News Drives Major Stock Rally
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...
