Weekly Market Recap - Friday, 30-July
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Description
Despite US equity markets trading down a bit this week, there were no large scale changes to the macro backdrop. In this podcast we discuss the predominant themes driving price action such as earnings strength, the China regulatory crackdown, Robinhood's (HOOD) IPO, the pending infrastructure bill(s) and COVID-19. Tune in!
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US equities ended mixed in Wednesday trading, with the Dow Jones closing up 44bps, while the S&P500 finished flat and the Nasdaq down 18bps. Fed's Collins said getting to 2% target inflation may take longer than expected. Today's auction of $42B of 10-year notes tailed after yesterday's...
Published 05/08/24
Published 05/08/24
US equities ended mostly higher Tuesday in a fairly uneventful trading session. The Fed's Kashkari said he questions policy restrictiveness given inflation data and was the latest central banker to talk about a higher neutral. Today's auction of $58B of 3Y notes stopped through with help from...
Published 05/07/24
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