The summer season is now officially underway. And despite robust gains already this year, capital markets are primed and ready for a hot stock summer.
Economic & Market Report: Why Meme Stocks Matter
It seems like a frivolous stock market novelty. Companies like GameStop and AMC Entertainment with their relatively small market caps and even more meager sales in the context of the overall marketplace suddenly found themselves returning to the financial news spotlight.
Economic & Market Report: Cool Runnings
It has been a primary downside risk for financial markets for more than a year now. But after repeatedly coming in hotter than expected in many reports so far in 2024, the latest reading on inflation surprised the markets by coming in cooler than expected on Wednesday.
Economic & Market Report: Breakout
The U.S. stock market got off to a bumpy start in 2024 Q2. No sooner did the calendar flip to April and the S&P 500 descended into a pullback. Over the course of the first fifteen trading days of the new quarter, the S&P 500 retreated by nearly -6%. Knowing that stock market corrections within a broader uptrend last anywhere …
Economic & Market Report: S&P’s Eleven
A passing glance at the U.S. market might make an investor think that it’s all about technology stocks all of the time. But the S&P 500 Index is made up of eleven sectors, all with their unique and individual forces driving their returns.