Weekly Wrap: Growth Under Yield Pressure

Weekly Wrap: Growth Under Yield Pressure

Dear Friends, This Wednesday, the Bureau of Economic Analysis released the “advance” estimate of third quarter US Gross Domestic Product data which showed a strong rise at 4.9%. At the same time, core inflation continued to slow to 3.7%. While these figures are...
Weekly Wrap: Growth Under Yield Pressure

Weekly Wrap: Market Is Focused on Earnings

Dear Friends, As we kick off the third quarter earnings season, expectations are for S&P 500 companies to generally report year-over-year earnings growth rather than a decline which has been the trend since Q3 2022. With core inflation continuing to decrease, the...