Dumaine Investments Weekly Market Update – August 8, 2023 • US stocks have traded lower over the past week as disappointing earnings results, mixed economic data, and renewed worries about regional banks weighed on markets. Moreover, a pronounced bearish trade has driven the 10-year Treasury yield to its highest level in more than a decade,...Read More

Dumaine Investments Weekly Market Update – August 1, 2023 • US stocks have traded flat over the past week as investors digest the Fed’s July rate hike as well as a host of earnings and economic data. Earnings season is now in full gear with highly variable revenue and earnings results thus far. While it...Read More

Dumaine Investments Weekly Market Update – July 26, 2023 – For the last week, the markets have continued a general path upward even as an inconsistent earnings season continues. Largely driving this move has been a breakout in optimism that a soft economic landing may yet be achieved. Whether the data will cooperate remains the...Read More

Fed’s Fable? Untangling a Tale of Diverging Perspectives… In the aftermath of a first quarter marked by persistent inflation, unsettling economic data, narrowly generated market returns, and an abrupt and destabilizing banking crisis, the second quarter proved to be more positive, at least on the surface. While the banking system is by no means out...Read More

Dumaine Investments Weekly Market Update – July 19, 2023 • US stocks have rallied over the past week in response to lower headline inflation numbers and some surprisingly good early earnings results. While year-over-year earnings are expected to be down sharply in many sectors – estimates point to earnings-per-share for S&P 500 companies falling by...Read More

Dumaine Investments Weekly Market Update – July 12, 2023 • After starting the quarter in a wait-and-see mode, US stocks dipped last week in the wake of a sharp spike in ADP’s reported employment data which was well ahead of expectations, presumably on the belief that this info would alarm the data-driven Fed and increase...Read More

Dumaine Investments Weekly Market Update – June 27, 2023 US stocks traded lower over the last week, as the market appears to be in consolidation mode—after a sharp spring rally—with the end of the quarter looming. Indeed, the CBOE VIX index, which tracks stock market volatility and is typically referred to as the market’s fear...Read More

Dumaine Investments Weekly Market Update – June 23, 2023 In the ever-changing landscape of the financial world, staying informed about the latest market developments is crucial for investors and wealth management professionals alike. In this blog post, we delve into the current situation where Wall Street and the Federal Reserve seem to be out of...Read More

Dumaine Investments Weekly Market Update – June 21, 2023 • After a brief market rally in the wake of the central bank’s decision to pause rate hikes, US stocks have reversed course and traded down so far this week. In congressional testimony on Wednesday, Fed Chair Powell said policymakers expect interest rates will need to...Read More

Dumaine Investments Weekly Market Update – June 14, 2023 • From a technical perspective, the S&P 500 entered bull market territory last week after gaining 20% from its October 2022 low. The rally has been driven in large part by an AI tech boom, positive economic data, and a consensus view that the Fed would...Read More