Chris Broussard

Stock Prices and Yields End the Week Lower

Stock Prices and Yields End the Week Lower

Market Data as of Week Ending: 10/27/2023 unless noted otherwise Stock prices declined again for the week as investor sentiment was lowered by the combination of elevated bond yields and geopolitical risks. Quarterly earnings for companies in the S&P 500 were...

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Stocks Prices Decline Despite Economic Strength

Stocks Prices Decline Despite Economic Strength

Market Data as of Week Ending: 10/20/2023 unless noted otherwise Stock prices declined as the combination of rising bond yields and geopolitical concerns were headwinds for risk assets. Quarterly earnings for companies in the S&P 500 were disappointing last week...

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Bond Prices Rebound on Flight to Quality

Bond Prices Rebound on Flight to Quality

Market Data as of Week Ending: 10/13/2023 unless noted otherwise Stock prices were mixed again last week as investors shifted their focus to quarterly earnings and inflation data. Quarterly earnings were expected to decline -0.3% in the third quarter following three...

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Rising Yields as Growth Surprises to the Upside

Rising Yields as Growth Surprises to the Upside

Market Data as of Week Ending: 10/6/2023 unless noted otherwise Stock prices were mixed again last week as investor sentiment improved for growth. The S&P 500 ended with a gain, following four consecutive weekly declines. Near-term risks have become more balanced...

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Yields Trend Higher With Elevated Oil Prices

Yields Trend Higher With Elevated Oil Prices

Market Data as of Week Ending: 9/29/2023 unless noted otherwise Stock prices were mixed as the recent rise in investor skepticism held, and the S&P 500 declined for the fourth consecutive week. The combination of higher interest rates, elevated oil prices, and the...

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Markets Deteriorate as Economic Pressures Mount

Markets Deteriorate as Economic Pressures Mount

Market Data as of Week Ending: 9/22/2023 unless noted otherwise Equities ended the week lower as investors digested hawkish sentiment from Thursday's Federal Reserve meeting and considered compounding economic threats. Beyond higher interest rates, oil prices remain...

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Equity Markets Mostly Unchanged as Fed Meeting Looms

Equity Markets Mostly Unchanged as Fed Meeting Looms

Market Data as of Week Ending: 9/15/2023 unless noted otherwise Equities ended the week relatively flat as investors digested a bevy of economic data and news releases. Continued uncertainty regarding the path of monetary policy and elevated bond yields challenged...

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Resilient Economy Stokes Fear of Further Hikes

Resilient Economy Stokes Fear of Further Hikes

Market Data as of Week Ending: 9/8/2023 unless noted otherwise Equities retreated last week as the economy continued to show strength. Despite a relatively light week for economic releases, market participants once again prepare for the possibility of further rate...

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Bad News is Good News as Markets Rally

Bad News is Good News as Markets Rally

Market Data as of Week Ending: 9/1/2023 unless noted otherwise U.S. stock indexes rallied on a mix of economic data. Indications of moderating inflation and a loosening labor market gave investors confidence that the Fed rate hiking cycle is nearing the end. The...

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Fed’s Mixed Signals Leave Markets Mixed

Fed’s Mixed Signals Leave Markets Mixed

Market Data as of Week Ending: 8/25/2023 unless noted otherwise U.S. stock indexes ended the volatile week mixed as investors were left to digest mixed economic signals and debate the course of monetary policy. Federal Reserve Chair Jerome Powell took a slightly more...

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