Dumaine Investments Weekly Market Update – September 26, 2023 • US stocks traded down nearly 4% over the past week as the September market selloff accelerated. Appetite for equities appears to be subsiding after a 20% rally this year fueled by artificial intelligence euphoria. Behind the recent wave of pessimism is the resolve by the...Read More

Dumaine Investments Weekly Market Update – September 20, 2023 • US stocks extended their September pullback over the past week, as markets remain concerned about inflationary pressures, productivity, and workers’ strikes. The Fed chose not to raise interest rates at the September meeting on Wednesday—keeping borrowing costs in a range of 5.25-5.50%. • Chair Powell...Read More

Dumaine Investments Weekly Market Update – September 13, 2023 • After beginning September with a renewed pullback on concerns about rising yields and oil prices, US stocks have traded flat over the past week. With earnings season finished and little of consequence in terms of major news items, Wednesday’s inflation report took center stage. Headline...Read More

Dumaine Investments Weekly Market Update – September 6, 2023 • Having finished August with a slight rally on optimism about a Fed pause, US stocks resumed their pullback in the first week of September. Rising Treasury yields, a strong dollar, and an extended rally in crude oil prices have continued to serve as headwinds to...Read More

Dumaine Investments Weekly Market Update – August 30, 2023 • After posting meaningful losses in the first half of August, US stocks rebounded over the past week on optimism about a possible pause in interest rate hikes by the Federal Reserve. Job openings for July were meaningfully lower than consensus forecasts, and markets responded by...Read More

Dumaine Investments Weekly Market Update – August 23, 2023 • After two consecutive weeks of declines, stocks have traded flat over the last week as markets digest rising long-term rates, mixed economic data, and the final stages of earnings season. Investors hoping for a rebound from a rough first half of August had to tap...Read More

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

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