Rearview to Windshield, June 2023

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: Q1 2023 Earnings Recap

I broke a 2 year tradition: I was unable to get a musing out on George Strait’s birthday (D.O.B: 5/18/1952). He turned everyone’s favorite golf score, 71 – also the score booked by Michael Block in this past weekend’s PGA Championship. Two-part commentary this week:...

The Market in Pictures, May 19

Our team looks at a lot of research throughout each day. A few charts that caught our eye this week, and the way they fit the unfolding puzzle of evidence:   Dave: The debt ceiling remains a story for markets, here’s Morgan Stanley’s walkthrough of prior...

The Market in Pictures, May 12

Our team looks at a lot of research throughout each day. A few charts that caught our eye this week, and the way they fit the unfolding puzzle of evidence:   John Luke: Tough to see how inflation can get down to the Fed’s stated 2% target   Source: Strategas...