Fundamentals May Rule While Fed Speakers Go Away
Equities were mixed last week as Friday’s trading nearly salvaged a down week.
Equities were mixed last week as Friday’s trading nearly salvaged a down week.
Both Equities and Fixed Income have started off the year with a bang.
Equities were higher overall for the first week of 2023.
Equities and fixed income finished the year with a thud as recession fears gripped the market and we’re in the “good news is bad news” cycle.
The Fed doused any hopes of a Santa Rally last week with hawkish language following their last meeting of 2022.
Despite the lack of Fed speakers, markets pulled back on rate hike and recession fears.