In The Air
Equities are having a good run as the 2nd quarter of 2023 comes to a conclusion.
Equities are having a good run as the 2nd quarter of 2023 comes to a conclusion.
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All equity sectors but one were lower last week, as the market took a pause from its recent move higher.
Last week it was all about Powell's "hawkish pause." This week, it's about the market taking a pause.
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Markets moved higher last week in spite of the “hawkish pause.” Markets had largely anticipated the “pause” or “skip” in rate hikes last week.