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The major U.S. equity indexes ended the week lower with the communication services sector pulling back the most.
China's imports unexpectedly fell in March as COVID-19 curbs across large parts of the country hampered freight arrivals and weakened domestic demand. China Imports YoY change is now diverging meaningfully from Commodity prices YoY change. Could it mean lower commodity prices and lower inflation down the road?
1st round of French elections takes place this Sunday. A Macron win is not a done deal anymore as Le Pen has been surging in the polls recently. Second round is in 2 weeks. A Datapraxis / @YouGov poll shows Macron at 51% and LePen at 49%.
S #stocks and the US yield curve are diverging meaningfully as the 2-year - 30-year Treasury Bond yield curve just inverted for the 1st time since late 2007 while the S&P 500 trades within 5% of its all-time-high.
The major US equity indices ended the week higher, with the S&P 500 Index reaching its highest level since February 10 on Friday. Tech stocks outperformed, helped by Apple.
US stocks moved higher for the week, ending a two-week losing streak and reclaiming much of the ground lost over the past month.
US stocks moved lower over another week of extreme volatility on the back of the Russian invasion of Ukraine.
It was another volatile week with US stocks ending lower as investors continued to weigh developments in the Russia-Ukraine war.
The major US equity indexes closed mostly higher after a week of historic volatility sparked by Russia’s invasion of Ukraine.
US equity large-cap indexes suffered their 2nd consecutive week of declines as high inflation and worries over a Russian invasion of Ukraine weighed on sentiment.
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