Weekly Insight 07.28.21

highlights Following the risk-off tone on Monday, where the Dow posted its steepest loss since October, the index proceeded to rally for the next four sessions, recouping all its losses and closing up more than 1%. The Russell 2K continued to underperform other U.S. benchmarks, but posted a strong weekly gain of around 2%. Nine…

Weekly Insight 07.21.21

highlights U.S. equities finished near the lows of the week, snapping their three-week winning streak on Friday. Small-Mid Cap stocks continue to underperform the S&P 500, lagging by roughly 8% in July. CPI data released shows that year-over-year inflation crept higher than anticipated, coming in at 5.4% vs 4.9%. Despite the higher headline number, Fed…

Weekly Insight 07.14.21

highlights U.S. stocks gained 0.40% last week, despite a global risk-off sentiment mid-week amid lower growth expectations and virus variants threatening the full reopening. After a rampant start of the year, financials were challenged by falling yields as the 10-year fell to 1.30%. Growth stocks gained 0.91%, led by mega cap tech stocks, while value…

Weekly Insight 07.08.21

highlights On Friday, the S&P 500 index closed at a record high for the seventh consecutive trading session, its longest record-setting streak since 1997. As the 2Q ended, the S&P posted one of its strongest 1H gains in a calendar year since 1998 as speculators boosted their bullish bets on U.S. equities by the most…