Weekly Market Commentary

Weekly Market Commentary

-Darren Leavitt, CFA The final week of August was all about NVidia’s second-quarter earnings results and the Fed’s preferred measure of inflation, the PCE. Expectations for NVidia’s earnings were so high that some decided to throw pre/post-earnings...
Weekly Market Commentary

Weekly Market Commentary

-Darren Leavitt, CFA Markets reversed course last week as investors reassessed the economic narrative of a recession. Better-than-expected inflation data, alongside a robust reading of Retail Sales and a pullback on Initial Jobless Claims, tempered fears of a severe...
Weekly Market Commentary

Weekly Market Commentary

-Darren Leavitt, CFA Wow, what a week for global financial markets.  A rollercoaster ride for investors continued throughout the week as multiple narratives ricocheted off prior expectations.  Crowded trades coupled with weaker-than-expected economic data in the prior...
Weekly Market Commentary

Weekly Market Commentary

-Darren Leavitt, CFA Last week, markets took a significant step back on weaker-than-expected labor data that challenged the idea of an economic soft landing. Mega Cap technology earnings continued to show massive cap-ex spend on AI; however, enthusiasm about...
Weekly Market Commentary

Weekly Market Commentary

-Darren Leavitt, CFA Financial markets traded mixed last week.  News on Sunday that President Biden had decided not to pursue reelection and endorse his Vice President Harris induced a reassessment of the political landscape.  However, the overall reaction in the...
Weekly Market Commentary

Weekly Market Commentary

It was a very busy week on Wall Street as investors seemed inclined to rotate out of Mega-cap tech and into this year’s laggards.  A failed assassination attempt on former President Donald Trump last Saturday in Pennsylvania only bolstered his chances for reelection...