One thing: AI enters the earnings chat One thing that’s moving markets is the ongoing AI enthusiasm in the first quarter earnings season. Here's what (and how much) is being said.
Capital markets perspective: April showers A recap of weekly happenings across stock performance and earnings, jobs, and real estate, as well as the latest on interest rates and inflation.
One thing: Wages outpace inflation One thing that moved markets is the noteworthy rise in America’s paycheck, with a 3.5% year-over-year increase in the first three months of 2024.
Capital markets perspective: Measure twice, cut once When working with wood, there’s a saying that you should always measure twice before making a cut – an approach that the Federal Reserve has also apparently taken by repeatedly re-measuring and re-marking their line before firing up the saw.
One thing: Coming in hot One thing that moved markets is US consumer prices, which came in hotter than expected in March.
Capital markets perspective: Labor market resilience The Bureau of Labor Statistics reported that the US created more than 300,000 new jobs last month, significantly more than expected.
March market recap: Stocks rise as rates worries cool Global stocks rose in March, buoyed by generally solid readouts on economic growth and corporate earnings. Here's the recap on last month.
One thing: Order up One thing that moved markets is the expansion of manufacturing and services for the first time in 17 months, with notable improvements in new orders and production.
Capital markets perspective: No rush to cut Federal Reserve Governor Chris Waller made headlines last week, revealing high inflation readings and strong job gains reinforce his view that there is “still no rush” to cut inflation rates.
One thing: Shifting sentiment One thing that moved markets is a shifting consumer sentiment, with mixed reviews on how Americans feel about the economy in the present versus in the future.
Capital markets perspective: Rinse & repeat Last week’s events called to mind a pair of historical analogs: one to the heady days of the Internet boom, and another all the way back to the 1980s.
One thing: Going up? Housing confidence and fee transparency Groundbreaking changes to guidelines for real estate commission fees could result in lower costs for home buyers and sellers.