Market Rotation Away From AI?
Mag 7 gives up ground while the rest of the market inches forward.
Labor Revision and Powell Move Markets
Fed Chairman Powell essentially gave the green light for the first rate cut next month.
Risk Assets Rebound, Lifting All Boats
Risk assets were sold early last week as arbitrage trades were unwound. Equities improved later in the week as risk assets rebounded.
Equities Bounce As Carry Trade Unwinds
Risk assets were sold early last week as arbitrage trades were unwound. Equities improved later in the week as risk assets rebounded.
Volatility Returns
It has been two years since the markets have seen much volatility.
Market Rotation Deepens
Investors continued to rotate away from momentum names into Small Caps, Mid-caps and "value" names last week.